Opposition party on track to win Australian election

Caution on Australian shares post-election

Australian shares look set for a cautious start to the week after Labor failed to secure a majority government, although the coalition was clearly defeated.

Opposition party more likely to form Australia's govt

CANBERRA: The opposition Labor Party appeared more likely than Prime Minister Scott Morrison's coalition to form a government after Australia held its general election on Saturday that could result in a rare hung parliament.Center-left Labor could still form a majority government, based on early vote counting, lawmakers and analysts said. For the coalition, its only hope was to form a minority administration in a hung parliament."The coalition c…

Change of power after parliamentary elections: Liberation strike in Australia

In the parliamentary elections, Prime Minister Morrison is punished for his climate policy. Election winner Albanese must now do better.

Opposition party on track to win Australian election

The opposition Labor Party appeared more likely than Prime Minister Scott Morrison's coalition to form government after Australia's election on Saturday that could result in a rare hung parliament. Center-left Labor could still form a majority government, based on early vote counting, lawmakers and analysts said. But the coalition's only hope was to form…

In Australia, the opposition won the parliamentary elections

The current Prime Minister of Australia and leader of the Liberal Party Scott Morrison has already admitted defeat in the elections and announced his resignation from the post of head of the party.

Caution on Australian shares post-election - Michael West

Australian shares look set for an uneasy start to the week after Saturday’s federal election has so far left Labor short of enough seats to form a majority government, although the governing coalition was clearly defeated. AMP chief economist Shane Oliver said any reaction to Labor forming a majority government is likely to be minor […]