Stracott Morrison, Australia's conservative Prime Minister, admitted election defeat on Saturday, hours after voters slammed his party's stance on climate change.
Morrison recognised that his Liberal Party, which has governed Australia for the past decade, is having a "tough" day.
"I spoke to the opposition leader and new Prime Minister, Anthony Albanese, tonight and congratulated him on his election victory," he said to supporters in Sydney.
Albanese's center-left Labor Party was assured of forming the largest party in parliament with about half of the votes counted, but it has yet to secure an outright majority.
A run of climate-focused independent candidates who defeated Morrison's Liberals in once-safe conservative urban districts could still tip the balance of power.
Esta historia es de la edición May 22, 2022 de The Sunday Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición May 22, 2022 de The Sunday Guardian.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Rising air traffic to lift pvt airports' revenue by 30% in FY25
An expected increase of 10 per cent in passenger traffic on the high base of fiscal 2024, combined with capital expenditure (capex)linked tariff hikes and rising non-aeronautical revenue per passenger, can see the revenue of leading private airport operators go up by around 30 per cent this fiscal.
BIRKENSTOCK OPENS ITS FIRST FLAGSHIP STORE IN MUMBAI
BIRKENSTOCK, the German global zeitgeist and purpose brand, is strengthening its footprint in India.
CATTLE CUSTODY CASE: ORISSA HC TAKES ACTION AGAINST ANIMAL CRUELTY
The Orissa High Court has taken cognizance of the plea against granting custody of the cattle to the owner who blatantly violated all animal transportation rules.
SC SEEKS RESPONSE ON FIXING MSP FOR ALTERNATIVE CROPS
The Supreme Court sought responses from the Centre, Punjab, and Haryana governments regarding a plea to establish the minimum support price (MSP), including periodic increases, for alternative crops cultivated by farmers and the government’s procurement of these crops.
Automakers keen to tap high quality aluminium solutions
With aluminium responsible for enabling several forms of modern transportation -- establishing itself as a critical raw material for automotive manufacturing, the industry alongwith automakers and essential component manufacturers is exploring a future roadmap of the sector with a focus on role of aluminum in its transformation and new areas of collaboration.
HMIL TO BOOST OUTPUT TO 1.5 MN UNITS BY 2030
Solid sales in markets like India have powered Hyundai Motor’s sales growth in markets outside Korea which were up by 1.9 per cent to 846,800 units, with the US also contributing in the boost.
Govt portal offered more jobs than applied
Vacancies listed on the government’s job portal National Career Service (NCS) displayed an interesting trend.
WEBEL SOLAR POISED FOR GROWTH AMID INDIA'S RENEWABLE ENERGY DRIVE
India is the third largest consumer of energy in the world and consumption is projected to continue rising over the years.
FPI INFLOWS TO BOOST INDIA'S BUSINESS
Fin min’s monthly economic report highlights three pillars of this buoyancy.
At 5-7%, IT service companies face muted revenue growth for 2nd year
With India’s technology industry showing resilience amidst economic challenges and expectation of modest recovery in FY25, the first quarter of Q1 2024 (January – March) witnessed notable deal activity, especially in mergers and acquisitions (M&A), indicating growth prospects in vendor consolidation and transformation projects.