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Australia’s Prime Minister Anthony Albanese wins a second three-year term

Australia’s Prime Minister, Anthony Albanese has won a second consecutive three-year term, becoming the first to win such in 21 years.

The Australian Electoral Commission’s projections gave Albanese’s ruling center-left Labour Party 70 seats and the conservative opposition coalition 24 seats in the 150-seat House of Representatives, the lower chamber where parties need a majority to form governments.

Unaligned minor parties and independent candidates appeared likely to win 13 seats.

Opposition leader Peter Dutton conceded defeat in Saturday’s election, saying, “We didn’t do well enough during this campaign, that much is obvious tonight, and I accept full responsibility for that.”

“Earlier on, I called the prime minister to congratulate him on his success tonight. It’s a historic occasion for the Labour Party and we recognize that,” he added.

Dutton’s conservative Liberal Party blames government waste for fueling inflation and increasing interest rates, and has pledged to ax more than one in five public service jobs to reduce government spending.

While both say the country should reach net-zero greenhouse gas emissions by 2050, Dutton argues that relying on more nuclear power instead of renewable energy sources such as solar and wind turbines would deliver less expensive electricity.

The election is taking place against a backdrop of what both sides of politics describe as a cost of living crisis.

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