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

Note

Subjects: new inflation data, government efficiency, cost of Coalition's coal policy

Sarah Abo:

Well fresh inflation figures could this morning squash any remaining hopes Australians will see another rate cut before Christmas. To discuss it Treasurer Jim Chalmers joins us from Canberra. Good morning to you, Treasurer.

Jim Chalmers:

Good morning, Sarah.

Abo:

I wanted to ask how you are, we haven't seen anyone on the Today Show for a long time. Where have you been hiding?

Chalmers:

It has been a few weeks. I've missed you too, Sarah, and I've missed your mate that's normally sitting to your right as well.

Abo:

No, nothing to miss about Karlo...