Australia PM Albanese calls national election for May 3

SYDNEY (Reuters) - Australia Prime Minister Anthony Albanese on Friday called a national election for May 3, launching a five-week campaign which is set to be dominated by cost-of-living pressures.

Albanese's Labor party won a majority at the last federal election in 2022, but most recent opinion polls show the party neck-and-neck with the opposition Liberal-National coalition when votes from smaller parties are redistributed.

(Reporting by Renju Jose in Sydney; Editing by Praveen Menon)

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