CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: interest rates, inflation, cost‑of‑living help, former Coalition division

Emma Rebellato:

The federal Treasurer, Jim Chalmers, joins us now from Parliament House. Treasurer, good morning. Welcome to News Breakfast.

Jim Chalmers:

Thanks very much, Emma.

Rebellato:

If interest rates do go up today, will you and your government accept responsibility for that?

Chalmers:

Well, first of all, I'm not going to make a prediction about what the Reserve Bank will decide independently today. No doubt they'll discuss that through the course of today and they'll make the announcement this afternoon. I take responsibility for all parts...