Australia Elects Anthony Albanese as Prime Minister Again

Australia's 2025 federal election resulted in a victory for Prime Minister Anthony Albanese's Labor party, making him the first leader to win two consecutive elections since 2004. Despite earlier poll leads for the opposition, Labor regained ground amid concerns about the cost of living, high inflation, and interest rate rises, which dominated the campaign. The outcome leaves Labor as the only party capable of forming government, but it remains uncertain whether it will govern in its own right or need to negotiate with independents or minor parties for support. Voter dissatisfaction with the opposition, partly due to associations with Donald Trump's policies and lack of detailed costings, contributed to Labor's win. The election highlighted rising financial stress across key marginal electorates, with mortgage and rental stress influencing voters' decisions. With more Australians supporting independents and minor parties, the new parliament may see complex alliances and negotiations if a minority government is required.