CANBERRA, ACT, Jan. 28 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: inflation, private investment and private spending, interest rates, the Budget, National Party leadership spill
Kieran Gilbert:
Let's go live now to the Treasurer Jim Chalmers. The inflation number higher than you would have liked. You were asked about government spending repeatedly in the news conference today. Can I ask you though in simple terms if the government reduces spending, doesn't that take a bit of pressure off the RBA?
Jim Chalmers:
Hi Kieran. Look, a couple of things about that. First of all, if public spending was the primary determinant of interest rate changes in Australia, we've got to remember we've just had over the...