CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rates, inflation, cost-of-living relief, Coalition chaos Sarah Ferguson: The Treasurer, Jim Chalmers, joins me now from Canberra. Treasurer, welcome. Jim Chalmers: Thanks, Sarah. Ferguson: You were so confident in your ability to manage the economy in a way to keep interest rates down. What went wrong? Chalmers: Well, what we've seen in recent inflation data is that it's come in...
Belconnen, ACT, Feb. 3 -- ACT Policing issued the following media release: ACT Policing is seeking informationand witnessesaftertelecommunicationsfibreopticcables were damagedmid-lastmonth. Between 1am and 3am on Tuesday13January(2026),fibreoptic cables intwotelecommunicationspitslocatedoffAthllonDrive inWanniassawere damaged, causing disruption to internet services. Police are urging anyone who witnessed any suspicious activityonAthllonDrivebetween Atkins Street and FinchamCrescenton January...
CANBERRA, ACT, Feb. 3 -- The Prime Minister of Australia issued the following media release: ANTHONY ALBANESE, PRIME MINISTER:Good morning. JOURNALIST:Do you have any lessons from inside the church, PM? PRIME MINISTER:It was a beautiful service. It's always a good way to begin the year. And I think the highlight was the junior choir, it was absolutely delightful. And they're wonderful young people. And whenever I'm with young people, whether it's from an early learning situation of child care...
BRISBANE, Queensland, Feb. 3 -- Queensland Police Service issued the following media release: A heartwarming reunion has occurred between a young Townsville boy and the Queensland Police Service (QPS) officers who helped save his life five years ago. In September 2020, then 10-year-old Tyler Dorta was playing on his backyard playground equipment when he fell and suffered a life-threatening injury. Family members immediately began CPR and called Triple Zero (000). Sergeant Ash Cunningham and S...
CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following media release: Today the independent Reserve Bank Monetary Policy Board increased the cash rate by 25 basis points. This will be difficult news for millions of Australians with a mortgage and we understand the pressure that this will put on families and businesses. While today's decision was widely expected, that doesn't make it any easier. We know many Australians are doing it tough which is why we continue to roll out...
CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following media release: The Albanese Government will recommend to the Governor‑General that Sarah Court be appointed as the next Chair of the Australian Securities and Investments Commission (ASIC). MsCourt has been an excellent Deputy and she'll be an outstanding Chair. She is an experienced litigator and leader, and will make a positive impact on one of our major regulators. MsCourt has more than 15years' experience in s...
CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: inflation, interest rates Matt Shirvington: Great to have you with us. Look, almost every economist is saying the same thing - government spending is to blame here. Do you disagree with all of them? Jim Chalmers: Well, there's not a unanimous view amongst the economists about what's driving the most recent tick up in inflation, but if you look at the facts, that tick up in the most recent da...
CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rates, inflation Karl Stefanovic: Millions of mortgage holders are watching the Reserve Bank this morning with the RBA tipped to announce the first rate hike in 2years. For more, Treasurer, Jim Chalmers, joins us now live from Canberra where no doubt he's been 'journalating' this morning. Treasurer, good morning to you. Are you about to lose some serious economic skin today? Jim Cha...
CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: Sarah Court appointed new chair of ASIC, interest rates, inflation, responsible economic management, cost-of-living relief Jim Chalmers: I know you want to ask me about some other matters, but I wanted to begin by saying this about our appointment at ASIC. The government is really proud to be recommending the appointment of Sarah Court as the new Chair of ASIC. Sarah has been an excellent Dep...
CANBERRA, ACT, Feb. 3 -- The Treasurer of Australia issued the following transcript: Note Subjects: interest rates, inflation, coalition chaos, budget savings Peter Stefanovic: The RBA is expected to raise interest rates when it hands down its decision later on today, and if it does, our central bank would be amongst the first to reverse course and raise rates for the first time in 2years. Joining us on this Tuesday morning is the Treasurer, Jim Chalmers, out at Canberra. Thank you so much ...