CANBERRA, ACT, March 18 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: Early childhood education regulation, Budget, tariffs, OECD forecasts, economic progress, CFMEU, deportation referendum

SallySara:

Well modelling from the federal Treasury suggests new US tariffs on steel and aluminium will only have a modest impact on the Australian economy. Federal Treasurer JimChalmers will use a speech today to argue that the tariffs are both senseless and wrong.

It comes as he prepares for his fourth Budget with the OECD revising down forecasts for global growth overnight. The federal Treasurer JimChalmers joins me now. Treasurer, welcome back to Breakfast.

JimChalmers:

Thanks very much, Sally.

Sara:

Before we...