AUSTRALIA has elected left-wing Anthony Albanese as their new Prime Minister after a dejected Scott Morrison conceded defeat.
The Labor leader triumphed in the turbulent election today, securing his spot after vowing to tackle the cost of living crisis.
Albanese’s win marked a historical day for the Labor party, as they succeeded for just the fourth time since World War II.
Their pledge to spend an extra £4.1billion over the next four years seems to have swung the vote Down Under.
And Albanese is set to get the ball rolling as soon as, after previously vowing “the work of building that better future will start the very next day”.
The new PM will splash the cash on childcare, free TAFE (Technical and further education), renewable energy and Medicare.
Albanese promised the extra spending would not send inflation surging after it hit 5.1 per cent in April.
He had assured Aussies: “What it will do is produce a return. It produces economic activity.”
The politician also backed raising the minimum wage in line with inflation – although he doesn’t have the power to impose it.
It came as Scott Morrison was knocked off the top spot, as Western Australia overwhelmingly bid for a Republican government.
Bringing an end to nine years of Conservative rule, Morrison announced he would step down as leader of the Liberal party after taking the reigns as PM in 2018.
He confirmed he had called Albanese to congratulate him on his win.
He said: “I’ve always believed in Australians and their judgment, and I’ve always been prepared to accept their verdict.”
Albanese served as a minister in the former Labor government, before taking over as leader in 2019 after their election loss.
He now intends to breathe life into relationships with other global leaders that he claimed Morrison had neglected in recent years.
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