CANBERRA, ACT, Aug. 13 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: interest rate cuts, productivity, Economic Reform Roundtable, Australia to recognise Palestinian state
Peter Stefanovic:
Treasurer, thanks for your time this morning. Looks like we're matching. Hey, how about that? So, good news for homeowners.
Jim Chalmers:
Not for the first time, Pete.
Stefanovic:
Exactly. Good news for homeowners yesterday, Treasurer. But it does mask deeper issues for the country. Productivity down. That'll mean wages, investment, tax takes are all down. Is it a crisis?
Chalmers:
No, but it's a big challenge that we're confronting together, this productivity challenge in our economy. Let's not skip lightly over...