CANBERRA, ACT, Sept. 28 -- The Treasurer of Australia issued the following transcript:

Jim Chalmers:

The Final Budget Outcome that we're releasing today shows that the deficit came in $6billion better than expected and debt was $10.6billion lower at the end of the financial year. We have made a lot of progress in the Budget, and we've made more progress since then, but we know that there is more work to do.

The bottom line is better than we inherited, better than it was at the election and better than it was forecast to be in May. It is now around half the deficit for the year just finished compared to when we came to office. It now means that the aggregate improvement to the budget in our time in office is $230billion better when it com...