Labor win brings climate, wages to fore

25 May 2022

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Anthony Albanese has been sworn in as the next Prime Minister after his Labor party clinched victory in the election on Saturday, ousting the Coalition that had been in power since 2013. The votes are still being counted. Several political analysts expect Labor will win enough seats to form a majority government. At the time of writing, Labor is expected to win 77 seats.

The election was marked by a spectacular swing towards independent candidates and the Greens campaigning on climate change reform and a Federal Independent Commission Against Corruption (ICAC). There was also a strong swing away from the Coalition from female voters.

So, what does it all mean for policy? Find out in this week’s economic update.

Download – 23 May 2022 weekly economic outlook

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