Australia's conservative Liberal party elect first woman leader after election loss

Australia's Prime Minister Anthony Albanese speaks at a Labor party election night event, after local media projected the Labor Party's victory, on the day of the Australian federal election, in Sydney, Australia, May 3, 2025. REUTERS/Hollie Adams/File Photo

SYDNEY (Reuters) -Australia's conservative Liberal Party elected Sussan Ley, a former outback pilot with three finance degrees, as its first woman leader on Tuesday, after an election loss partly due to comparisons with U.S. President Donald Trump's policies.

Prime Minister Anthony Albanese was sworn in for a second term on Tuesday after his Labor Party rode a voter backlash against global instability caused by Trump's policies to a come-from-behind victory in the May 3 national election.