PM Albanese announced the federal election for May 3

After months of speculation, Prime Minister Anthony Albanese has officially called the federal election for May 3, kicking off what’s set to be a fiery campaign.

Both major parties have been in campaign mode for most of the year, but today, Albanese made it official, visiting Governor-General Samantha Mostyn to request the election. The announcement comes just days after the government handed down the federal budget and—interestingly—just hours after Peter Dutton’s budget reply speech, which many believe was an attempt to steal the spotlight.

What’s at Stake?

Speaking this morning, Albanese reflected on the challenges Australia has faced in recent years, saying:"In uncertain times, we cannot decide the challenges that we will face, but we can determine how we respond."

Labor is putting a strong focus on Medicare, cost of living relief, and childcare support in this election, while also warning about the potential for misinformation and election interference during the campaign. Social media platforms have been scaling back fact-checking, which raises concerns. Albanese had a simple message for anyone looking to spread false information:"Back off."

The big budget promise from Labor? Tax cuts, set to kick in from July 1 next year—but only if they win the election. Meanwhile, the Coalition is promising to halve the fuel excise for 12 months if Dutton takes the top job.

Who’s in the Lead?

Right now, Labor holds 77 seats in the House of Representatives compared to the Coalition’s 53. Earlier this year, polls showed big swings towards the Liberals and Nationals, suggesting Labor could be at serious risk of losing power after just one term—something that hasn’t happened in Australia since 1931.

However, recent polls have been more favorable for Albanese, meaning the race is far from over. A hung parliament is still a real possibility, but Albanese is determined to win a majority and serve a full term if re-elected.

As for Dutton? He hasn’t personally responded to the announcement yet, but the Liberal Party’s Instagram summed up their mood in just two words: “It’s on.”

And with that, Australia is officially heading to the polls on May 3. Buckle up!