The Latest Breaking News from Anthony Albanese

Improved relations with Solomon Islands and Vanuatu could be a goal of Labor's second term, with a huge step-up with Papua New Guinea already assured.

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Days before Prime Minister Anthony Albanese called the federal election, the Labor government settled a long-running argument with the states over school funding.

Watching elections over the decades, one thing that has struck me is that results are invariably hyperbolised in the first blush of the people’s verdict. The achievement of the winners is over-egged in the commentary, as is the scale of the calamity suffered by the losers.

Frontbenchers are playing down expectations that Labor could expand its policies from those put to voters, after gaining a large majority in the election.

Labor’s historic election victory means the Albanese government has a rare opportunity to pursue a big, bold reform agenda. The scale of the victory all but guarantees a third term in office after the next election in 2028, and entrenches Anthony Albanese’s authority as prime minister.

With a convincing win for a second term of government, the pressure is now on the new Labor government to deliver the economic policies central to its win.

Despite its emphatic election loss, the depleted coalition could still reclaim at least one inner-city seat from an incumbent teal independent.

Anthony Albanese is first Australian prime minister in decades to win a second straight term