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Australian PM announces May 3 as federal election date

![20250328 Albanese.JPG](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fcms-image-bucket-production-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%2Fimages%2F3%2F8%2F3%2F7%2F49247383-3-eng-GB%2FCropped-174312194820250328%2520Albanese.JPG?width=780&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)

Australian Prime Minister Anthony Albanese speaks during a press conference at Parliament House in Canberra on March 28. © Reuters

SHAUN TURTON

SYDNEY -- Australia will head to the polls in a federal election on May 3, Prime Minister Anthony Albanese announced on Friday, with cost-of-living pressures at the forefront of what is expected to be a close race that could result in a minority government.

Kicking off the five-week campaign, Albanese claimed that under his watch Australia had "turned a corner" amid tough global economic conditions. He said the country would be worse off under his conservative opponents, whom he accused of planning service cuts.

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