CANBERRA, ACT, Sept. 30 -- The Treasurer of Australia issued the following transcript:
Patricia Karvelas:
For more on where today's data leaves the government in its approach to fighting inflation, I spoke to the Treasurer, Jim Chalmers, a short time ago.
Jim Chalmers, welcome to Afternoon Briefing.
Jim Chalmers:
Thanks very much, Patricia.
Karvelas:
Interest rates increased yesterday and more on the horizon, underlying inflation stagnant today. How much more can the Australian people absorb?
Chalmers:
Well, it is the case that underlying inflation was steady today at 3.6percent, and we know that headline annual inflation went up because of- overwhelmingly because of the global oil price playing out in bowsers around the country. B...