Press conference, Parliament House, Canberra

CHRIS BOWEN: [CUTS IN] These reductions in energy bills, renewables, the main one, more renewables in the grid means cheaper prices. Secondly, batteries are working to flatten the grid. The biggest impact on energy prices comes at nighttime, where we're using more coal and gas, which is the most expensive form of energy.

When we've got more batteries, we're using more of that renewable energy from the day to get us through the night. That's the second thing. Third thing, more minor but important, is the changes to the default market offer that we put through last year to make sure that only the most necessary costs for energy companies are being included.

That gives consumers a better go, a fairer chance. So those three things means that we have these material reductions in energy prices, 10.7%, up to 10.7% for residences, up to 20.9% for small businesses. These are good reductions, but there's a lot more to do.

It's not mission accomplished. Australians are still doing it tough and we need to keep going with the reforms that we have put in place to see more of the cheapest, better form of energy in the grid. JOURNALIST: How can you make sure that energy companies make sure they pass that drop in prices?

This is a default market offer, so this is a law that must be implemented. Now, not everyone's on the default market offer, a minority of people are, but it does set the benchmark for other prices right across the system. I do encourage people to make sure, particularly when the prices are coming down, that they're getting the best deal.

Energy Made Easy is a great website where people can get on. It's a government website where they can get on, they put their meter number in and that will spit out the best three deals for them. JOURNALIST: Some of the coalition are making a point of the cost of your commitments to the COP in your role as president.

Do you have a response to that and can you guarantee every dollar is being well spent? Yes. Dan Tehan is the biggest hypocrite in the federal parliament.

I mean, when he was a minister, he wore out the carpet in the first-class lounge at Melbourne airport. He went to the Maldives twice at taxpayer expense in his last year as minister, twice. He went all through Europe, United States, Japan.

I don't criticise that travel, but I could travel all year, I wouldn't catch up with his travel costs as a minister. And yet I've been overseas once this year on official business to a ministerial meeting and he's criticised that. He's also been overseas once this year to Taiwan, which I don't criticise at taxpayer expense, but he's a hypocrite.

I didn't seek a debate about federal ministers travelling, if he wants one, I'll give him one. He's the biggest hypocrite in the federal parliament. We acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture.

We pay our respects to their Elders past, present and emerging.