CANBERRA, ACT, April 30 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: inflation, effect of Middle East conflict, young people in the housing market, Budget
Matt Shirvington:
Joining us now is Treasurer Jim Chalmers. Good morning to you. Thanks for joining us. Busy time. Let's start with inflation. First off, you say things are going to get worse before they get better. How bad is it?
Jim Chalmers:
Well, we're finalising our forecast for the Budget, but I think everyone expects that this hefty price that Australians are paying for the war in the Middle East will continue to reverberate around our economy, whether it's its impact on prices or on economic growth. And so over the course of the next week or ...