CANBERRA, ACT, May 21 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: Coalition split, interest rates, better targeted superannuation concessions

KarlStefanovic:

Jim, good morning. Nice to see you. Looks like you just got out of the shower my man.

JimChalmers:

A couple of hours ago, Karl. Good morning. How are you?

Stefanovic:

The Coalition is taking a bath this morning. I mean, could you get more lucky?

Chalmers:

It's obviously a mess on the former Coalition side of the parliament, but it's really not our focus. As you said in your introduction, we saw interest rates cut yesterday for the second time in 3months. We're getting inflation down, we're getting wages up, we're keeping unemployment low. And...