Federal elections: Scott Morrison concedes defeat, to stand down as Liberal party leader

Published on May 22, 2022 01:29 AM AEST

Federal elections: Scott Morrison concedes defeat, to stand down as Liberal party leader — Image source: © Ginasanders | Megapixl.com

Highlights

Morrison has stated on Saturday evening that he has ‘accepted’ defeat in the federal elections.

Morrison was fighting the elections against Labor party leader Anthony Albanese.

Headed by Scott Morrsion, the Liberal-national coalition government had been ruling in Australia for straight three terms.

Scott Morrison, the Prime Minister of Australia said on Saturday that he has acknowledged defeat in Australia’s 2022 federal election.

Morrison stated in his speech in Sydney that he has spoken to the leader of opposition and the incoming Prime Minister, Anthony Albanese. He said further that he has already congratulated Albanese on his winning the elections.

Also Read: How is Australia planning to meet its emissions target?

Morrison clearly mentioned that he would be standing down as the leader of the Liberal party.

Morrison’s conservative coalition government has been in power for eight years and nine months now. He was designated as the PM in 2018.

Labor party leader Anthony Albanese would be the first ever Australian with a non-Anglo surname to be prime minister.

More about Anthony Albanese

Anthony has shared multiple times that he was raised by his mother in a public housing. He attributes his success as a people’s person to his mother. He has said that her mother’s dream to give him a better life drives him to give a much better life to his son and therefore, to build a better Australia.

Anthony has a son, Nathan and a dog, Toto.

Anthony was the first person in his family to finish school and college. He graduated from the University of Sydney as Bachelor of Economics.

Anthony was elected as the Federal Member for Grayndler, representing the community that he grew up in.

Anthony is mostly known for introducing a bill to grant same-sex couples the same superannuation benefits as heterosexual couples. The bill failed though. He re-introduced the bill thrice and it was eventually passed in 2007 after Rudd Labor Government election. The bill was passed with 84 other changes to Commonwealth laws to eliminate discrimination against same-sex couples and their families.

Also Read: Will the RBA go for 40bps cash rate hike as wages growth lags?

In the year 2006, Anthony became Labor party’s shadow minister for the environment. Even today, the Labor Party proudly supports net zero emissions by 2050.

Khushboo Joshi

Author

Khushboo Joshi - Financial Journalist
151 Posts
Khushboo Joshi is a multimedia professional with over eleven years of versatile experience in Journalism and Content management across various domains. Also, owing to passion for literature, story-telling and features & fiction writing comes naturall...
Follow Khushboo Joshi Follow

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.