CANBERRA, ACT, July 30 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: latest inflation data, headline and underlying inflation fall again, interest rates, ABS' monthly inflation reporting, responsible economic management

KieranGilbert:

Let's get some more reaction to that inflation number. Joining me is the Treasurer, JimChalmers. Treasurer, thanks for your time. The RBA shocked everyone at its last meeting. The governor said she wanted to see this number. Surely this will be enough to reassure them that inflation is tracking as they hoped.

JimChalmers:

Today's inflation numbers are outstanding. There's no 2 ways about it. They are a powerful demonstration of the progress that Australians have made toget...