INTERVIEW WITH CHARLES CROUCHER, WEEKEND TODAY, CHANNEL 9

CANBERRA, ACT, May 10 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: Farrer by‑election, Tuesday's federal Budget, cost of living, housing market

Charles Croucher:

Good morning team and thank you, Treasurer, for joining us for this traditional pre‑budget interview. Firstly, happy Mother's Day to Laura and all the mums.

Jim Chalmers:

Happy Mother's Day to all the mums and if you're missing your mum today, we're thinking of you too.

Croucher:

Let's start with Farrer. One Nation gets 40percent of the primary vote, 60percent 2‑party preferred. I know Labor wasn't there, but this is a big middle finger to the status quo and to the government. What's your takeaway?

Chalmers:

Well, it wasn...