With an election likely less than a year away, Prime Minister Anthony Albanese recently told the Labor caucus his cabinet is preparing “an offer” to put to the Australian people for a possible second term.

So, what might that offer include? And how might the make-up of the next parliament – and even a potential Donald Trump presidency in the United States – shape how ambitious he is likely to be?

Michelle Grattan tackles these questions in her column this week. She also taps a number of policy experts and politicians for their opinion on what Albanese’s strategy should be. These include Richard Denniss, head of the Australia Institute, and Rod Sims, former chief of the Australian Competition and Consumer Commission.

The 2025 election could be decided by a handful of seats, Grattan writes, so a big question is whether Labor would go into minority government. This would make its second term far more complicated.

If this comes to pass, Labor would be operating from a weaker position than in its first term. “That would make it all the more important for it to have a clear second-term agenda for which it could then argue it had a mandate,” Grattan argues.

This should make the next 12 months very interesting, to say the least.

PS. Thanks to everyone who has supported our donations campaign so far. If you value the work we do, please consider donating to help support our journalism.

Justin Bergman

International Affairs Editor

Grattan on Friday: how bold will Anthony Albanese be in his ‘offer’ for a potential second term?

Michelle Grattan, University of Canberra

As it crafts its pitch, the biggest uncertainty is what sort of parliament he would likely face. If Labor is returned, would it be a majority or minority government?

The defence force is allowing foreign recruits. Will soldiers be willing to die for a country they’ve only lived in for a year?

Ned Dobos, UNSW Sydney

Citizens from New Zealand, the US, the UK and Canada will all be allowed to serve in the Australian Defence Force. Some of the early concerns are unfounded.

Young people may see more than 20 alcohol ads per hour on social media, research finds

Brienna Rutherford, The University of Queensland; Gary Chung Kai Chan, The University of Queensland

While a lot of profit stands to be made from alcohol and liquor licensing fees, we can’t ignore the harm it poses to young people.

Victoria is raising minimum rental standards – it’s good news for tenants and the environment

Trivess Moore, RMIT University; Emma Baker, University of Adelaide; Lyrian Daniel, University of South Australia; Nicola Willand, RMIT University

Victoria is leading the way in ensuring poor-quality rental housing is upgraded to be safe, comfortable and energy-efficient.

‘You can learn from this and so can the class’: 3 ways non-Indigenous teachers can include First Nations content in their lessons

Carly Steele, Curtin University; Graeme Gower, Curtin University

Non-Indigenous teachers are often hesitant to teach First Nations content for fear of making a mistake. Our new research shows how they can overcome these concerns.

Cryptocurrencies use massive amounts of power – but eco-friendly alternatives come with their own risks

Dulani Jayasuriya, University of Auckland, Waipapa Taumata Rau

Cryptocurrencies such as Bitcoin can use more power than countries such as Finland. The emergence of eco-friendly alternatives provides hope, and a few concerns, for crypto users.

A new Community Pharmacy Agreement starts next month. Here’s what you need to know

Lesley Russell, University of Sydney

The new Community Pharmacy Agreement highlights the power of the Pharmacy Guild of Australia. No other part of the health-care system has seen such an increase in funding support.

Who’s better off and who’s worse off four years on from the outbreak of COVID? The financial picture might surprise you

Ben Phillips, Australian National University; Matthew Gray, Australian National University

Australia’s best-off and worst-off have improved their lots. The mortgaged middle has gone backwards.

Why do we love to see unlikely animal friendships? A psychology expert explains

Shane Rogers, Edith Cowan University

For most people, there’s a strong ‘awe’ factor when witnessing inter-species bonding. What is it about our own psychology that prompts this?

Lebanon’s Hezbollah is proving to be a serious problem for Israel

Zainab Younes, London South Bank University

Hezbollah’s evolving capabilities are taking Israel by surprise.

Why India and Pakistan’s T20 cricket showdown in New York is such a big deal

Umer Hussain, Wilkes University; M. Fahad Humayun, University of Evansville; Simran Kaur Sethi, University of Oklahoma; Steve Bien-Aime, University of Kansas

Tickets are going for as high as $40,000 on the secondary market.

Friday essay: kangaroos and kindred spirits – D.H. Lawrence, Garry Shead and catching the flame of creativity

Luke Johnson, University of Wollongong

Critics have long wrestled with the question of how artists and writers influence each other. For Luke Johnson, an encounter with a painting took him in a wholly unexpected direction.

Business basics: what’s an initial public offering?

Sean Pinder, The University of Melbourne

Guzman y Gomez is listing on the Australian Stock Exchange. What exactly does this mean, and how might it help them sell more burritos?

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