Australia Announces Federal Election for May 3

Australian Prime Minister Anthony Albanese has officially called a federal election for May 3, marking the start of a crucial five-week campaign focused on economic management and the rising cost of living. Albanese's Labor Party, which won a majority in 2022, is positioned against the Liberal-National Coalition led by Peter Dutton, who aims to reclaim power after nearly a century without defeating a first-term government. The election comes amid growing voter concerns over housing affordability, healthcare access, and immigration management, while both parties have proposed significant spending commitments in response to these issues. Albanese has highlighted Labor's initiatives to reduce student debt and tax cuts as part of their platform, contrasting them with Dutton’s promises to cut services. The election campaign will also address ongoing debates about climate policy and the government’s failed referendum on Indigenous recognition. With both parties needing to secure at least 76 seats for a majority, the stakes are high as the political landscape continues to evolve.