A HISTORIC WIN

ANTHONY ALBANESE WILL SERVE AS AUSTRALIA'S PRIME MINISTER FOR ANOTHER THREE YEARS. WHAT DOES IT MEAN FOR THE RESOURCES SECTOR?

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On May 3, Anthony Albanese was re-elected as Prime Minister for a second term.

The win made history, with Albanese being the first full-term Prime Minister to be elected for a second term since John Howard in 1998.

“Australians have chosen to face global challenges, the Australian way – looking after each other, while building for the future,” Albanese said on May 3.

“When it comes to Australia’s future, all of us have so much reason to be optimistic. When we look at everything going on around the world today, when we consider the changes that will shape the future of the global economy, when we think about our people and their smarts and skills... there is nowhere else you'd rather be, than right here in Australia.”

Albanese pointed to the resources sector, highlighting its role in a greener future.

“Every Australian who knows that climate change is a challenge we must act together to meet, for the future of our environment, and knows the fact that renewable energy is an opportunity we must work together to seize for the future of our economy,” he said.

The Federal Government has several plans to seize this opportunity, and several of them run through the resources sector.