Australians will soon have cheaper power bills, after a deal was struck between the federal and state governments at a national cabinet meeting to lower energy prices.

Since then, the deal has been met with resistance by energy companies and analysts who say it goes too far.

It’s also proven politically tricky, with the Greens and the Coalition both criticising the plan.

Today, chief political correspondent for The Sydney Morning Herald and The Age, David Crowe joins Rachel Clun to discuss why Anthony Albanese’s plan to make energy cheaper could cost him dearly.

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