A Newspoll published on Friday in The Australian newspaper showed Albanese's Labour party leading 52.5%-47.5% against the Liberal-National coalition

The Australian prime minister's first term was hampered by the headwinds of global inflation, but his fortunes rebounded by offering stability against the backdrop of Trump's volatile diplomacy.

Australians will decide if they want to give Labor another chance as local and global issues weigh on voters’ minds.