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

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Subjects: inflation figures, reform roundtable, progress in the economy, AI, Palestinian statehood

Patricia Karvelas:

Treasurer, welcome to the program.

Jim Chalmers:

Thanks very much, Patricia.

Karvelas:

Jim Chalmers, you've been celebrating today's inflation data. Are you happy because you can see an RBA rate cut on the horizon?

Chalmers:

I'm happy with these numbers because I think they're a powerful demonstration of the progress that Australians have made together in this fight against inflation. For a few years now, inflation has been really the defining challenge in our economy, and there's still more work to do, but to have inflation ...