Australia’s centre-left Labor Party is poised to retain power with a narrow majority in the upcoming May 3 national election, according to a recent Newspoll published by The Australian. The poll indicates a shift in voter sentiment since February, when dissatisfaction with Prime Minister Anthony Albanese's government was at a peak.
Under Australia’s preferential voting system, Labor now leads the Liberal-National opposition coalition 52-48 on a two-party preferred basis. The potential for a hung parliament remains, but Labor could form a minority government if necessary.
Support for Albanese has grown significantly, with his net approval rating improving from -20 in February to -4. He has also widened his lead over opposition leader Peter Dutton, whose approval has dropped to one of the lowest points in his term. The poll surveyed nearly 1,300 voters nationwide.
Key issues driving voter behavior include cost-of-living pressures and workplace flexibility. Labor has gained ground by opposing the opposition’s proposed return-to-office policy for federal workers, which critics say would increase commuting costs. The government has also rolled out targeted financial measures to support families, addressing inflation-driven concerns.
Tensions with the U.S. added to the campaign narrative after President Donald Trump imposed a 10% reciprocal tariff on Australian goods. Albanese criticized the move, calling it “not the act of a friend,” underscoring foreign policy as another campaign flashpoint.
Despite favorable polling, Albanese remains cautious. “We have a mountain to climb,” he told reporters, noting the global trend of political volatility amid inflation and economic uncertainty.
With just weeks to go, the race remains tight, but the Labor Party appears to be regaining momentum heading into the final stretch of Australia’s federal election.
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