CANBERRA, ACT, March 11 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: economic impact of the Middle East war, productivity and tax reform in the May Budget, superannuation reforms

Melissa Clarke:

Good morning, welcome to AM. I'm Melissa Clarke in Canberra, coming to you from Ngunnawal Country and acknowledging other custodians.

The US Defense Secretary says today will be the most intense day of the military campaign against Iran so far, his comments coming a day after President Donald Trump said it was very complete. It comes as Israel's bombardment of Lebanon continues to escalate, displacing nearly 700,000 people. More on those developments shortly.

Meanwhile, the war in the Middle East is causing glo...