Anthony Albanese's Labor government secured a decisive landslide in the May 2025 federal election, expanding its House majority to 94 seats and defying typical second-term pressures. As of mid-2026, opinion polls continue to show Labor leading the Coalition and One Nation on a two-party-preferred basis, with Albanese maintaining an edge as preferred prime minister despite negative net satisfaction ratings. No leadership spill motions or serious internal challenges have emerged within the ALP. The next federal election is due by 2028, while state contests such as Victoria's November 2026 vote could influence federal momentum. Traders assessing removal timelines weigh these polling trends, the absence of major scandals or policy reversals, and historical patterns of incumbent stability following strong re-elections against potential late-term economic or diplomatic shocks.