CANBERRA, ACT, Jan. 28 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: inflation, interest rates, cost‑of‑living relief, housing, One Nation polling, Scott Morrison
Jim Chalmers:
Inflation ticked up today in unwelcome but unsurprising ways. Inflation is very substantially lower than when we came to office but still higher than we would like. Today's inflation data reflects a combination of temporary factors and some more persistent pressures as well. You can see the temporary factors like the unwinding of particularly the state‑based energy rebates. You can see some more persistent pressures in areas like market services and housing as well.
Now, we're seeing this in other countries as we...