2025 Australian Election Betting Odds: Labor Backed To Beat Coalition
UK betting sites believe Labor will cruise to victory in the 2025 Australian election and potentially remain in government to the end of the decade.
Labor are currently basking in the triumph of the 2022 election win, where leader Anthony Albanese triumphed over the Liberal/National Coalition to return the party to power for the first time in a decade.
Albanese is now tasked with tackling Australia’s energy and economic issues, while also putting in green measures and tackling the impending climate crisis.
Polling data already suggests Labor have got off to a good start with voters. They are currently hovering around 40% in the polls and on the two-party preferred vote with the Collation, they’re close to 58%.
He has three years to implement the policies that formed the bedrock of Labor’s manifesto.
After that Australians will head to the ballot box to do it all again. And UK bookmakers don’t think the result will be much different next time around.
Australian Election Betting Odds
According to political betting sites, Labor are as short as 2/7 to win the next Australian election.
That suggests a 78% likelihood of Albanese securing the votes he needs to continue governing.
In contrast, Ladbrokes have already priced a Coalition victory at 5/2, which gives them a one-in-four chance of returning to power.
These odds fairly accurately reflect the current polls and the result of the 2022 Australian election.
But they’re almost certain to change within the next year, as Albanese’s policies are put into practice.
Labor are expected to enjoy further boosts when voters in Victoria and New South Wales cast their ballots on state governments this November and March respectively. But as the Coalition found in 2020, voter preference can flip very swiftly.
Issues For Australian Politics
Australia is expected to tackle a number of big issues over the next three years that could greatly impact future generations for decades to come. But spending big money isn’t on the agenda.
Top of the list is the climate crisis, which is being addressed in a new bill. However, while global climate figureheads have praised the government for its move, they also demand Australia “steps up” further to help tackle the issue.
Australia has a Net Zero target for 2050 but ex-UN general secretary Ban Ki-moon says they need to focus on 2030, like the United States.
This could be costly, but environmentalists would argue it’s an investment worth paying for now, rather than later.
Another issue for Labor is to tackle healthcare as the country comes out of the Covid-19 pandemic. Social care is also tied into this, as is increased investment in mental health.
Childcare, housing and infrastructure were also big parts of treasurer Jim Chalmers’ first budget.
In it he pledged to make $21bn in savings to help stem inflation, but warned against mega investment.
“The former government used taxpayers' money to cynically buy votes before elections by politicising grants funds and used the budget to land political deals,” Chalmers argued. “That approach to spending ends in Labor's first budget.”
The move towards financial frugality won’t appeal to everyone, but it is the sort of policy decision making new governments implement when they take over a difficult economic situation. And so pollsters doubt Labor’s nudge towards low spending will affect their ratings for now.
The proof on whether the policy is successful is probably within a year, when departments have had time to implement the manifesto. Only then is it likely that the odds on betting apps will change - either more in favour of Labor, or against them.
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