Anthony Albanese secured a landslide re-election for Labor in May 2025, expanding the party's House majority to 94 seats and marking the first time an incumbent government increased its majority after a full term. The next federal election is not due until 2028, leaving the government with a substantial buffer absent a loss of parliamentary confidence or voluntary resignation. Recent mid-2026 polling has shown Albanese's net approval at record lows around -24 and Labor's primary vote hovering near 27-30 percent, with One Nation gaining ground and occasionally leading on primaries. No leadership challenge or procedural trigger has emerged to date. Traders assessing removal risks before year-end 2026 weigh these structural protections against any sudden internal party shifts or major scandals.