CANBERRA, ACT, July 31 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: the Middle East, latest inflation data, interest rates, legislation, working from home

Peter Stefanovic:

Joining us is the Treasurer, JimChalmers. Treasurer, we were going to talk about economic matters, but this is pretty major breaking news this hour that Canada, as I mentioned, becomes the third major country in a week to make moves to declare a state of Palestine. Let's just start off, first of all, with your reaction to that.

JimChalmers:

First of all, obviously the Prime Minister and the Foreign Minister will respond in due course formally. But from a personal point of view, I welcome this momentum, this progress that's been made...