CANBERRA, ACT, March 4 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: December quarter National Accounts, Middle East conflict, tax reform, fuel excise, PRRT, petrol prices, EU trade deal
Jim Chalmers:
Well, growth in our economy was 0.8percent in the December quarter and it was 2.6percent through the year after revisions. Growth in our economy is now stronger, broader and very welcome. It's stronger growth than any major advanced economy. Per capita growth is the strongest in more than 3years. It's the strongest GDP growth in almost 3years, but it's the composition of that growth that we find especially encouraging.
There's more growth in business investment, dwelling investment, market sector productivi...