Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Explainer-What you need to know about Australia's upcoming election
    Headlines

    Explainer-What You Need to Know About Australia's Upcoming Election

    Published by Global Banking & Finance Review®

    Posted on March 27, 2025

    3 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    Explainer-What you need to know about Australia's upcoming election - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Australia's 2025 election is set for May 3. Labor leads in polls. Compulsory and preferential voting systems are in place. A majority requires 76 seats.

    Understanding Australia's Upcoming 2025 Election

    SYDNEY (Reuters) -Australia will hold a general election on Saturday, May 3.

    Opinion polls indicate Prime Minister Anthony Albanese's ruling centre-left Labor party is ahead of the conservative Liberal-National coalition led by Peter Dutton, as global uncertainty fuelled by U.S. President Donald Trump makes some voters more risk averse.

    A large number of independent and minor parties are also seeking reelection and could become king-makers if either major bloc falls short of majority government.

    Labor returned to power in 2022 after nine years of Liberal-National coalition rule.

    Here are some facts on how elections work in Australia:

    HOW DOES IT WORK?

    Australia is one of the few countries in the world with compulsory voting for all citizens aged 18 years and older. Around 4.8 million of 18 million eligible voters had cast a ballot at early voting centres by Thursday.

    Counting of ballots will start from 6 p.m. Australian Eastern Time (0800 GMT) on Saturday after polling closes. Election tallies are progessively published on the Australian Electoral Commission website.

    The commission never officially declares results of a federal election on election night. Whether analysts or political parties declare a result on Saturday evening will depend on how close the race is.

    Most postal votes will be counted after the election day.

    AUSTRALIA'S PARLIAMENT

    There are two houses of parliament, with the government formed by the party or coalition holding a majority in the lower chamber, the House of Representatives. The prime minister is chosen by the governing party from the House.

    The upper house, the Senate, has 76 members - 12 from each of the six states and two from each of Australia's two less-populous territories.

    Half of the Senate seats will be contested at this election.

    WHAT'S THE STATE OF PLAY NOW?

    Labor holds 77 House of Representatives seats, the Liberal-National coalition holds 53 seats, the Greens hold 4, and 15 are held by micro parties and independents.

    A loose grouping of seven "Teal" independents are women who won Liberal seats by focussing on climate change and government accountability.

    To form majority government in the 2025 election, a party or coalition needs 76 seats out of 150.

    If neither Labor nor the Liberal-National coalition has a majority of seats in the House of Representatives after polling day, a minority government can be formed with an agreement of support from independent members or minor parties.

    Such an agreement is not legally binding, and is only a political pledge of support which can be changed at any time, because a member of parliament cannot contract their vote, according to constitutional law experts.

    HOW DO AUSTRALIANS VOTE?

    Australia has a preferential voting system for the House of Representatives. Voters rank local candidates in order of preference on their ballot papers.

    A candidate who gets more than 50% of the first-preference votes wins the seat. If no candidate reaches that threshold, the one with the fewest votes is excluded and their votes are distributed to the person each of those voters nominated as their second preference. This continues until one candidate passes the 50% threshold.

    (Reporting by Kirsty Needham and Christine Chen in Sydney; Editing by Alasdair Pal, Stephen Coates and Lincoln Feast)

    Key Takeaways

    • •Australia's general election is on May 3, 2025.
    • •Labor party leads in opinion polls over the Liberal-National coalition.
    • •Australia uses compulsory and preferential voting systems.
    • •A majority government requires 76 out of 150 seats.
    • •Independent parties could play a crucial role.

    Frequently Asked Questions about Explainer-What you need to know about Australia's upcoming election

    1What is the main topic?

    The article discusses Australia's upcoming 2025 general election, including the political landscape and voting processes.

    2How does voting work in Australia?

    Australia has compulsory voting and uses a preferential voting system where voters rank candidates by preference.

    3What is the current political landscape?

    Labor holds a lead in opinion polls over the Liberal-National coalition, with independents potentially playing a key role.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Analysis-Maduro case to test US narcoterrorism law that has had limited trial success
    Analysis-Maduro Case to Test US Narcoterrorism Law That Has Had Limited Trial Success
    Image for Russia pleased with Zelenskiy's comments on US stance over Donbas
    Russia Pleased With Zelenskiy's Comments on US Stance Over Donbas
    Image for Canada to lobby G7 nations to join new defence bank, foreign minister says
    Canada to Lobby G7 Nations to Join New Defence Bank, Foreign Minister Says
    Image for Finland's Supreme Court fines MP for calling homosexuality 'developmental disorder'
    Finland's Supreme Court Fines Mp for Calling Homosexuality 'developmental Disorder'
    Image for Hungary’s opposition leader wants probe into alleged intelligence move against Tisza
    Hungary’s Opposition Leader Wants Probe Into Alleged Intelligence Move Against Tisza
    Image for Italy seizes millions in alleged fraud against Bond star Ursula Andress
    Italy Seizes Millions in Alleged Fraud Against Bond Star Ursula Andress
    Image for NATO sees sharp increase in Europe's and Canada's defence spending
    NATO Sees Sharp Increase in Europe's and Canada's Defence Spending
    Image for Cyprus rolls out new measures to dampen cost impact of Iran war
    Cyprus Rolls Out New Measures to Dampen Cost Impact of Iran War
    Image for Pentagon considers diverting Ukraine military aid to the Middle East, Washington Post reports
    Pentagon Considers Diverting Ukraine Military Aid to the Middle East, Washington Post Reports
    Image for Back in the USA - Russian lawmakers make first visit for years
    Back in the USA - Russian Lawmakers Make First Visit for Years
    Image for Russian attack hits Ukraine's Danube port, energy infrastructure
    Russian Attack Hits Ukraine's Danube Port, Energy Infrastructure
    Image for Iran says it is reviewing a US ceasefire plan but no talks; Trump says Tehran leaders want a deal
    Iran Says It Is Reviewing a US Ceasefire Plan but No Talks; Trump Says Tehran Leaders Want a Deal
    View All Headlines Posts
    Previous Headlines PostEuropean Patent Office Declares CureVac MRNA Patent Valid
    Next Headlines PostBuckingham Palace Statement on King Charles Experiencing Side Effects After Cancer Treatment