US EditionTrump’s trade war, China and cost of living dominate Australia election as campaigning kicks off
- Prime Minister Anthony Albanese announced the Australian federal election for May 3, 2025, seeking a second term for his Labor party amidst a challenging economic backdrop and a tight race against the Coalition opposition led by Peter Dutton.
- Albanese's government is facing scrutiny due to a $27.6 billion deficit after inheriting back-to-back surpluses, with projections indicating deficits swelling to $179.5 billion over five years, influenced by factors like declining revenue from cigarette taxes.
- The Albanese government's budget includes $17 billion in tax cuts aimed at providing relief to over 12 million workers, who will receive up to $268 next year, along with $36 billion allocated to various policies including Medicare, cheaper medicines, energy bill relief, and aged care.
- Treasurer Jim Chalmers promoted the budget as a turning point for the economy, stating it 'is now heading in the right direction,' while Opposition Leader Peter Dutton and Coalition shadow treasurer Angus Taylor criticized the tax cuts as insufficient, with Taylor labeling them a 'Band-Aid on a bullet wound' and accusing the government of overseeing an 'unprecedented collapse' in living standards.
- Key election issues include cost-of-living pressures, Australia's relationship with China, and potential economic instability from US President Donald Trump's trade policies, with Dutton, drawing comparisons to Trump, promising to cut government jobs, restrict foreign investment, and potentially hold a referendum on deporting dual citizens charged with serious crimes, while also criticizing the sweeping 25% tariffs on all steel and aluminum imports.
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12 Articles
12 Articles
All
Left
5
Center
2
Right
2
Coverage Details
Total News Sources12
Leaning Left5Leaning Right2Center2Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 22%
R 22%
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