CANBERRA, ACT, Aug. 13 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: interest rate cuts, productivity, energy transformation, artificial intelligence, Economic Reform Roundtable, tax
Michelle Grattan:
Jim Chalmers, I know you don't delve too deeply into predictions about interest rates. But in general terms following the decision this week, do you think that the economic conditions are there for one or more rate cuts later this year?
Jim Chalmers:
Well, you're right that I don't make predictions about that. There are good reasons why Treasurers don't do that. I don't want to interfere with the independence of the Reserve Bank. The market certainly expects there to be more interest rate cuts. The market ...