Major shake-up announced for Australia's energy system

Energy retailers won't be able to raise prices more than once a year and will be forced to remove unfair fees for vulnerable customers, under major new reforms announced today by the Australian Energy Market Commission. While the changes have been labelled a significant milestone in consumer protection by the Commission, they won't come into effect until July 2026.Guest: Chris Bowen, Minister for Climate Change and Energy Producer: Lexie Jeuniewic