CANBERRA, ACT, Aug. 13 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: interest rates decision, Economic Reform Roundtable, productivity, Australia to recognise Palestinian state

Sally Sara:

Treasurer, welcome back to Radio National Breakfast.

Jim Chalmers:

Thanks very much, Sally. Nice to see you again.

Sara:

Good to see you. We've now seen a third interest rate cut this year. How do you reflect on the timing of this latest cut? Should the RBA have gone last time?

Chalmers:

I think, as you know, Sally, there are good reasons why treasurers don't second guess decisions taken independently by the Reserve Bank. And let's not skip lightly over the good news here. A third interest rate cut in the space of...