Australia's 2025 Election: Cost of Living Crisis Dominates as Independents Gain Ground

May 2, 2025
Australia's 2025 Election: Cost of Living Crisis Dominates as Independents Gain Ground
  • On May 3, 2025, Australians will head to the polls to choose between the incumbent Labor party, led by Prime Minister Anthony Albanese, and the opposition Liberal/National Coalition, headed by Peter Dutton.

  • Economic issues, particularly the rising cost of living, have dominated the election campaign, with voters voicing concerns over soaring prices for essentials like food and fuel.

  • Albanese, 62, has focused his campaign on renewable energy, addressing the housing crisis, and improving healthcare, while Dutton has adopted a 'hardman' image, emphasizing migration and crime.

  • Dutton has faced criticism for his comparisons to Donald Trump, which have not resonated well with Australian voters and earned him the nickname 'Temu Trump' due to associations with a low-cost Chinese online store.

  • Dutton has claimed that only a Liberal government can effectively manage the economy and reduce government debt to alleviate the cost-of-living crisis.

  • Both candidates have faced scrutiny over their handling of key issues such as housing and Indigenous affairs, with Albanese criticized for his management of social tensions.

  • Albanese noted the influence of a Trump campaign adviser visiting the Liberal party, calling it 'interesting' and suggesting it may have impacted Labor's campaign.

  • The housing market has been severely affected, with rising prices and rents exacerbated by inflation, which has also strained builders' profit margins.

  • During a leaders' debate, both candidates struggled to answer questions about everyday prices, highlighting their disconnect with the economic realities faced by voters.

  • In a surprising endorsement, Julian Assange backed Albanese just before the election, stating he did more for his freedom than any other politician, although Albanese downplayed the significance.

  • His perceived closeness to Trump, along with controversial statements about cutting over 40,000 public sector jobs, has negatively impacted Dutton's approval ratings in recent polls.

  • Independents and minor parties are gaining traction, with candidates like Kate Chaney representing a growing movement against traditional party politics, particularly in affluent areas.

Summary based on 56 sources


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Sources



Australia: A guide to election day

BBC News • May 2, 2025

Australia: A guide to election day


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