Treasurer Jim Chalmers says the NSW government is engaging in "confected outrage" over energy price bill relief.
NSW treasurer Matt Kean has taken a swipe at the Albanese government, saying it should bring forward power bill relief for households and businesses.
Dr Chalmers, who is meeting with state and territory treasurers online on Friday, told AAP it was "a bit unusual" for Mr Kean to demand something from the commonwealth that even he admitted he could not deliver.
"I think people will see through his confected outrage, especially when his own scheme doesn't start until July," Dr Chalmers said.
"I'm not looking for a war of words, I'm looking to work respectfully and productively with the states and territories - Labor and Liberal - to deliver some relief from high energy bills, and that's my focus."
He said federal price caps had already started to have an impact on forecast prices, and the direct energy bill relief to be delivered in the May budget would also help.
The federal government has told the states and territories it would not be in a position to deliver the relief until July due to complexities with implementation.
The NSW government's Energy Bill Saver will be available from July through to end of December.
Deputy Prime Minister Richard Marles said it was "not an easy process to work through".
The online meeting, hosted by Dr Chalmers, comes as the Reserve Bank prepares to release its latest statement on monetary policy.
The Reserve Bank on Tuesday lifted the cash rate by 25 basis points to 3.35 per cent.
The statement will go into more detail about the RBA board's decision to push ahead with the rate rise and flag further hikes in months ahead to tackle rampant inflation.
It will also update key economic forecasts.
Deputy Liberal leader Sussan Ley said the government's plans for more spending, including via the National Reconstruction Fund, would drive up inflation and interest rates.
She was also sceptical about the promised power bill relief.
"I'd like to see Jim Chalmers remember the promise that his government made that life will be cheaper under me, and that matters for Australian households and businesses that are expecting cheaper electricity prices," she told reporters in Canberra.
"We've got no idea when it's coming."
The treasurers' meeting will also include a discussion on women's economic participation led by Finance Minister Katy Gallagher and, for the first time, a local government representative will attend.
The National Housing Accord is an agreement with the private sector, states and territories to build one million new homes over five years from 2024.
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