CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: RBA decision, government spending, impact of conflict in the Middle East
Matt Shirvington:
In a split decision the RBA lifted its official rate to 4.1percent with the average Aussie mortgage increasing by $2,800 a year- yes, 2,800.
For more we're joined by Treasurer, Jim Chalmers. Good morning to you. The Opposition is saying you're not making the tough decisions here, you're spending too much money, you and your government, you're not doing enough. How much responsibility do you take for these interest rates going up?
Jim Chalmers:
Good morning Shirvo and Nat. Look, I take responsibility for my part in the fight against inflation, i...