Cost of living is dominating the early stages of the campaign. But for all the promises on grocery and power bills – what can households expect?
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00:00For all the tough talk on lower prices, there was a lot of dancing around the detail from
00:07both sides today. Outlawing supermarket price gouging sounds great, but it doesn't necessarily
00:13mean we'll all start saving at the checkout. The competition watchdog has just looked at
00:18the supermarkets and found no smoking gun. Nor has making price gouging illegal proven
00:23to be a silver bullet in other countries. It can help in extreme cases, but this is
00:29more about Labor signalling to households that it understands their pain. On energy
00:35bills, anyone hoping for a firm commitment from either side about lower prices will be
00:40disappointed. Both leaders reckon they have the best plan, but neither is sticking their
00:46chin out to say how far prices might fall. More details are slowly emerging about Peter
00:52Dutton's gas plan, but again today we've been told we'll have to wait for the modelling
00:57on prices. Days into this campaign, momentum is with Labor, and that can really matter.
01:04Anthony Albanese's confidence about forming a majority government is high. Whether he
01:09can will depend on the next five weeks.