PM Transcripts

Transcripts from the Prime Ministers of Australia

Keating, Paul

Period of Service: 20/12/1991 - 11/03/1996
Release Date:
06/05/1994
Release Type:
Interview
Transcript ID:
9221
Document:
00009221.pdf 1 Page(s)
Released by:
  • Keating, Paul John
PARTIAL TRANSCRIPT OF INTERVIEW WITH THE PRIME MINISTER THE HON PJ KEATING MP, RADIO 3MA, MILDURA

PRIME MINISTER
PARTIAL, TRANSCRIPT OF INTERVIEW WITH THE PRIME MINISTER, THE
HON. P J KEATING, M. P.
RADIO 3MA, MIOLDURA
FRIDAY 6 MAY, 1994
PK: I think that the markets have probably taken a wrong view of economic events in
Australia. Australia ' produced an inflation rate a week or two ago of under two
percent and there is nothing around that leads me to conclude that we will in any way
vary that outcome. So, if we have persistently low inflation with strong economic
growth and I think we can have I think that the market's snap judgements made
about conditions in the United States and the international market place are basically
wrong judgements about Australia. They've got, really, little to do with the White
Paper. They've got to do, really, with the bond markets of the United States anid world
growth and world inflation.
Ends.

9221