​Australia PM Albanese's party wins 2nd term, key takeaways from election results​

Renewable energy: The election result is seen as a mandate for stronger climate action, with Labor party’s progressive agenda resonating with voters, especially in contrast to the Coalition's support for nuclear power. Albanese’s government has aligned with the global shift toward decarbonisation, cautioning that Australia can no longer rely on iron ore and high-emission coal exports to sustain its economy in the future.

(Photo: AP)