CANBERRA, ACT, March 25 -- The Treasurer of Australia issued the following transcript:

Note

Subjects: federal Budget, tax cuts for every taxpayer, building Australia's future

SarahFerguson:

Welcome, Treasurer, and congratulations on your highly unusual fourth Budget.

JimChalmers:

I appreciate it, Sarah, thanks.

Ferguson:

Now, budgets, as we know, are about choices. You've chosen to give every Australian worker a tax cut, spending $17billion as we've heard. Why are you giving a tax cut to you and to me?

Chalmers:

This is about topping up a tax cut for every Australian taxpayer in addition to the tax cuts which are already rolling out from July last year. And so we know that they're modest in isolation, but we think meaningful in co...