CANBERRA, ACT, April 9 -- The Treasurer of Australia issued the following transcript:

Note

Joint press conference with

The Hon Catherine King MP

Minister for Infrastructure, Transport, Regional Development and Local Government

Subjects: conflict in the Middle East, fuel security, Investor Front Door pilot program, biofuels, cost of living, resource taxes

Jim Chalmers:

We've seen some really encouraging developments in the Middle East this week, but there's still a lot of uncertainty about how this will play out and the economic consequences of the war in the Middle East will still be felt for some time yet. We need to see this ceasefire stick, and we need to see the Strait of Hormuz properly open. There's a lot of uncertainty about b...