CANBERRA, ACT, Feb. 26 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: inflation, May Budget, savings, NDIS, superannuation reforms, tax

Sally Sara:

SallySara with you for Breakfast. Well slightly higher than expected inflation in January has kept pressure on the Reserve Bank to inflict another interest rate hike, and increased scrutiny of the federal government's economic management. JimChalmers is the federal Treasurer and joins me now. Treasurer, welcome back to Breakfast.

JimChalmers:

Thanks very much, Sally.

Sara:

What's your message to Australians who may be worried that inflation is not under control and could result in another interest rate rise?

Chalmers:

Well inflation was steady in January ...