CANBERRA, ACT, June 4 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: National Accounts, productivity, investment, better targeted superannuation concessions
SarahFerguson:
The Australian economy barely grew in the first 3months of this year. That's according to new data out today from the Australian Bureau of Statistics. Australia's sluggish growth presents a challenge to Treasurer JimChalmers. European‑based Organisation for Economic Co‑operation and Development or OECD also produced figures overnight that pointed to a lack of business investment in Australia. The Treasurer joined me earlier.
JimChalmers, welcome to 7.30.
JimChalmers:
Thanks very much, Sarah.
Ferguson:
This is the first t...