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

Note

Subjects: inflation figures, cost of living, US tariffs, diplomatic relationship with the US, AUKUS

Sarah Abo:

Good morning to you, Treasurer.

Jim Chalmers:

Good morning, Sarah.

Abo:

Well, weren't you chipper yesterday? Are you going to take all the credit for this after blaming everything else for the high inflation to begin with?

Chalmers:

Well, first of all, I'm always chipper. And, secondly, I went out of my way yesterday to say that this is progress that Australians have made together and it's good progress. It's a very welcome development that we saw inflation come down really right across the board in those numbers which were released...