"Albanese Defies History: Australia Re-elects Labor PM – What It Means for India, the Economy & Global Ties"

Introduction In a political landscape often characterized by volatility, Australian Prime Minister Anthony Albanese has achieved a remarkable feat. Leading his centre-left Labor Party, Albanese secured a second consecutive three-year term in the federal election held on May 3, 2025. This victory is historically significant, making him the first Australian Prime Minister in 21 years – since John Howard in 2004 – to win back-to-back elections. Defying predictions of a nail-bitingly close contest, Labor appears on track to potentially increase its parliamentary majority. The result delivered a stinging rebuke to the opposition Liberal-National Coalition, led by Peter Dutton, who not only conceded defeat for the Coalition but also lost his own parliamentary seat. Amidst a backdrop of global uncertainty, a domestic cost-of-living crisis, and intense debate over climate policy, Australian voters opted for continuity. But what does this "emphatic mandate," as India...