Three seats in the country’s national election remained tightly contested as of Tuesday (Aug. 24), leaving locals and foreigners alike waiting for a tally of votes that could take at least 10 more days to be finalized. The country’s political future hangs in limbo after the weekend elections produced no complete results, with both the Labor Party and the conservative Liberal-National coalition falling short of securing 76 seats in the lower house of Parliament. As per Australian laws, a party needs to secure at least 76 seats in the House of Representatives to form a government. Labor holds 73 seats while the coalition holds 70, with the Greens and independents sharing four seats between them. Prime Minister Julia Gillard, who is also the Labor Party leader, promised a stable caretaker government while the country awaits the final outcome of the elections, WSJ says.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.