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

Jim Chalmers:

We've got no shortage of challenges here in our economy, but we've got a lot of advantages as well. Inflation has come down again. We've got low unemployment, high labour force participation. We've got one of the 3 strongest budgets in the G20. The ratings agencies have been very positive about Australia's AAA prospects. So we've got a lot going for us, but we know that we've got a number of substantial economic challenges as well. And inflation is one of those challenges.

We welcome the fact that inflation has just come down again for the fourth month in a row. Inflation has come down again. It is very substantially below the forecast tha...