Australian Labor Party Governs Alone... Secures Majority in House of Representatives
The Australian Labor Party has secured a majority of seats in the House of Representatives, enabling it to form a government on its own, BBC reported on the 31st (local time).
BBC, citing analyses from local election experts, reported that the Labor Party won more than half of the 151 seats in the House of Representatives, securing 76 seats.
Led by newly appointed Australian Prime Minister Anthony Albanese, the Labor Party won the general election held on the 21st, which elected 151 members of the House of Representatives and 40 senators, becoming the largest party, but it was initially unclear whether it could form a government alone.
To become the ruling party on its own, it needed to secure a majority of 76 seats in the House, but early vote counts fell short of this number.
Australia employs an electoral system that combines single-member districts, majority vote requirements, and preferential voting. If the leading candidate fails to achieve a majority, the candidate with the fewest votes is eliminated and their votes are redistributed, which means it takes time to announce the final winner in closely contested districts.
With the Labor Party securing 76 seats, there is no longer a need to form a coalition with minor parties or independent members to establish the government.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
However, the party failed to secure a majority in the Senate. Therefore, support from independent and opposition senators will be necessary to pass legislation.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.