Market icon

Next Government of Australia

Market icon

Next Government of Australia

Labor majority 100.0%

Labor minority <1%

Liberal–National majority <1%

Liberal–National minority <1%

Polymarket

$3,362,978 Vol.

Labor majority 100.0%

Labor minority <1%

Liberal–National majority <1%

Liberal–National minority <1%

Polymarket

$3,362,978 Vol.

Market icon

Labor majority

$1,633,443 Vol.

Yes

Market icon

Labor minority

$683,791 Vol.

No

Market icon

Liberal–National majority

$548,073 Vol.

No

Market icon

Liberal–National minority

$442,236 Vol.

No

Market icon

Other

$55,434 Vol.

No

The 2025 Australian federal election will be held on 3 May 2025 to elect members of the 48th Parliament of Australia. This market will resolve to the first governing party that forms the Australian Government after the next federal election and is able to command confidence in the House of Representatives. The government will be considered formed once the Prime Minister is formally appointed by the Governor-General under non-caretaker circumstances and ministers are sworn in. If no government is formed by December 31, 2025, 11:59 PM ET, or if a new federal election is officially called before that date without a government having been formed under the criteria above, this market will resolve to "Other". This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the Australian government. Note: The Liberal and the National Parties of Australia (Liberal–National Coalition) will be considered a single party, NOT a coalition for the purpose of this market. If this alliance breaks up prior to the election, the market for Liberal–National Coalition will be assigned to the Liberal Party.

The 2025 Australian federal election will be held on 3 May 2025 to elect members of the 48th Parliament of Australia.

This market will resolve to the first governing party that forms the Australian Government after the next federal election and is able to command confidence in the House of Representatives.

The government will be considered formed once the Prime Minister is formally appointed by the Governor-General under non-caretaker circumstances and ministers are sworn in.

If no government is formed by December 31, 2025, 11:59 PM ET, or if a new federal election is officially called before that date without a government having been formed under the criteria above, this market will resolve to "Other".

This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the Australian government.

Note: The Liberal and the National Parties of Australia (Liberal–National Coalition) will be considered a single party, NOT a coalition for the purpose of this market. If this alliance breaks up prior to the election, the market for Liberal–National Coalition will be assigned to the Liberal Party.
Volume
$3,362,978
End Date
May 3, 2025
Market Opened
Apr 29, 2025, 6:13 PM ET
The 2025 Australian federal election will be held on 3 May 2025 to elect members of the 48th Parliament of Australia. This market will resolve to the first governing party that forms the Australian Government after the next federal election and is able to command confidence in the House of Representatives. The government will be considered formed once the Prime Minister is formally appointed by the Governor-General under non-caretaker circumstances and ministers are sworn in. If no government is formed by December 31, 2025, 11:59 PM ET, or if a new federal election is officially called before that date without a government having been formed under the criteria above, this market will resolve to "Other". This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the Australian government. Note: The Liberal and the National Parties of Australia (Liberal–National Coalition) will be considered a single party, NOT a coalition for the purpose of this market. If this alliance breaks up prior to the election, the market for Liberal–National Coalition will be assigned to the Liberal Party.

Outcome proposed: No

No dispute

Final outcome: No

The 2025 Australian federal election will be held on 3 May 2025 to elect members of the 48th Parliament of Australia. This market will resolve to the first governing party that forms the Australian Government after the next federal election and is able to command confidence in the House of Representatives. The government will be considered formed once the Prime Minister is formally appointed by the Governor-General under non-caretaker circumstances and ministers are sworn in. If no government is formed by December 31, 2025, 11:59 PM ET, or if a new federal election is officially called before that date without a government having been formed under the criteria above, this market will resolve to "Other". This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the Australian government. Note: The Liberal and the National Parties of Australia (Liberal–National Coalition) will be considered a single party, NOT a coalition for the purpose of this market. If this alliance breaks up prior to the election, the market for Liberal–National Coalition will be assigned to the Liberal Party.

The 2025 Australian federal election will be held on 3 May 2025 to elect members of the 48th Parliament of Australia.

This market will resolve to the first governing party that forms the Australian Government after the next federal election and is able to command confidence in the House of Representatives.

The government will be considered formed once the Prime Minister is formally appointed by the Governor-General under non-caretaker circumstances and ministers are sworn in.

If no government is formed by December 31, 2025, 11:59 PM ET, or if a new federal election is officially called before that date without a government having been formed under the criteria above, this market will resolve to "Other".

This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the Australian government.

Note: The Liberal and the National Parties of Australia (Liberal–National Coalition) will be considered a single party, NOT a coalition for the purpose of this market. If this alliance breaks up prior to the election, the market for Liberal–National Coalition will be assigned to the Liberal Party.
Volume
$3,362,978
End Date
May 3, 2025
Market Opened
Apr 29, 2025, 6:13 PM ET
The 2025 Australian federal election will be held on 3 May 2025 to elect members of the 48th Parliament of Australia. This market will resolve to the first governing party that forms the Australian Government after the next federal election and is able to command confidence in the House of Representatives. The government will be considered formed once the Prime Minister is formally appointed by the Governor-General under non-caretaker circumstances and ministers are sworn in. If no government is formed by December 31, 2025, 11:59 PM ET, or if a new federal election is officially called before that date without a government having been formed under the criteria above, this market will resolve to "Other". This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the Australian government. Note: The Liberal and the National Parties of Australia (Liberal–National Coalition) will be considered a single party, NOT a coalition for the purpose of this market. If this alliance breaks up prior to the election, the market for Liberal–National Coalition will be assigned to the Liberal Party.

Outcome proposed: No

No dispute

Final outcome: No

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Frequently Asked Questions

"Next Government of Australia " is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Labor majority" at 100%, followed by "Labor minority" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Next Government of Australia " has generated $3.4 million in total trading volume since the market launched on Apr 29, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Next Government of Australia ," browse the 5 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Next Government of Australia " is "Labor majority" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "Labor minority" at 0%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Next Government of Australia " define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.