Betting markets strongly predict a Labor victory in the 2025 Australian federal election, with a Labor majority being the most likely outcome. This contrasts with the 2019 election where Bill Shorten was initially favored but ultimately lost.
Specific seat predictions include the Coalition potentially regaining Ryan, but losing Cowper and Bradfield, and facing challenges in several key seats.
Prediction markets have shown a significant shift towards Labor, with some predicting a 95% chance of Albanese's victory following the March 25 budget.
Betting markets also point to Angus Taylor as a likely successor to the Liberal leadership, while Jim Chalmers is favored to succeed Albanese as Prime Minister.