CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: interest rates, economic growth, capital gains tax, Middle East conflict
Peter Stefanovic:
Joining us live now is the Treasurer, Jim Chalmers. Treasurer, thanks for your time this morning. So, do you accept any blame for this latest hike?
Jim Chalmers:
Good morning, Pete. I take responsibility for my part in the fight against inflation, and inflation is too high in our economy, that was the case before the dramatic escalation of hostilities in the Middle East, and that will make this inflation challenge harder rather than easier. But more than acknowledge that, we are acting on that. All of this work we're doing in fuel markets, the c...