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Anthony Albanese Wins Solo Race For Labor Leadership

 Anthony-Albanese-left-Queensland-Deputy-Premier-Jackie-Trad-centre-and-Federal-member-for-Griffith-Terri-Butler-right-462x300.jpg

Newly elected Labor Leader Anthony Albanese (left), Queensland Deputy Premier Jackie Trad (centre) and Federal member for Griffith, Terri Butler (right).  AAP Image/Darren England

Anthony Albanese has won a 'one horse race' to be named Leader of the Labor Party, in the wake of the Coalition's surprise election win on May 18.

Bill Shorten announced that he would step aside to allow someone else to take the reigns during a late night concession speech in Sydney on election night.  

Mr Albanese had risked facing the likes of Chris Bowen, but he dropped out of the race last week.  

Deputy Labor Leader, Tanya Plibersek, was considered an early favourite but she ruled herself out.  

Mr Albanese has fronted the media following Monday's announcement, saying that "the science is in, climate change is real, we must act not just as a nation but as a global community".  

"Action will create jobs, it will benefit our economy and it will benefit our environment and the business community say that, they are crying out for certainty and it's time that the Government worked with the Opposition to deliver that certainty going into the future.

Mr Albanese added that "the time for conflict over these ongoing issues, surely is over".  

On Adani, Mr Albanese said "the truth is that the Adani coal mine has been approved by the EPBC Act [Environment Protection and Biodiversity Conservation], it's been approved not just once, it's been approved twice".  

"It is going through Queensland Government approvals.

"And then there is the other issue with regard to Adani and indeed to the whole issue of the Galilee Coal Basin, is the issue of the economics of it, the basic cost-benefit ratios.

Mr Albanese has made it clear that he did not support calls for a subsidised railway line for Adani,a private sector operation.  

In terms of future Adani approvals, he said we need to listen to the science, not make political decisions "and that's something the environmental movement fought for very strongly".  

Clare O'Neil announced over the weekend that she would not run for the position of Deputy. 

Richard Marles is expected to be the only formal contender when Labor's caucus convenes in Canberra later this week.

By Michelle Price