Labor’s MASSIVE Win Shakes Up Australian Parliament
Albanese’s government kicks off with bold student loan cuts.
Australia’s Parliament reconvened Tuesday, marking the start of the 48th session after the Labor Party’s historic landslide victory in May, securing 94 of 150 House of Representatives seats—the largest majority since 1996. Prime Minister Anthony Albanese opened with a Welcome to Country ceremony, honoring Indigenous traditions and pledging to lead with “grace and courage.”
Labor’s first move is a bill, set for Wednesday, to slash student loan debts by 20%, aiding 3 million Australians at a cost of AU$16 billion ($10 billion). Additional legislation aims to enforce quality standards for childcare providers and protect wage rates, signaling a bold reform agenda.
Albanese, the first prime minister since John Howard to win consecutive elections, leads a government with unmatched stability after years of political turmoil. The opposition Liberal Party, reeling from a historic defeat, elected Sussan Ley as its first female leader, holding 43 seats alongside its conservative coalition. Independents and minor parties control 13 seats.
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In the 76-seat Senate, Labor’s 29 seats fall short of a majority, with conservatives at 27 and the Greens at 10. The government will likely negotiate with either group to pass laws, avoiding reliance on smaller factions. With a strong mandate, Labor is poised to reshape Australia’s future.
