It's a historic occasion for the Labor Party and we recognise that," he added. Australia's Prime Minister Anthony Albanese gestures after winning the general election at the Labor Party election ...

However, while coast-to-coast Labor governments may make it look like the party is thoroughly dominant, this disguises what is actually taking place in Australian politics.

The Australian Labor Party has won the country's federal election, with incumbent Prime Minister Anthony Albanese set for a second term in office.

Trump's impact boosts Albanese's Labor Party prospects; ... Australian pension funds, exposed to the U.S. stockmarket rout, are one way voters are taking a direct hit.