Australians are casting their votes in a pivotal national election, with high inflation and a housing shortage emerging as major issues. The election has garnered international attention, particularly due to the influence of former U.S. President Donald Trump, which looms large over the campaign. Polls indicate that Labor, led by Prime Minister Anthony Albanese, is likely to retain power, but with a competitive race against opposition leader Peter Dutton, who faces his lowest satisfaction ratings ever. Voters are focusing on the cost of living while both parties have promised significant spending plans despite a challenging budget outlook. As polls open across the nation, the election represents a crucial test of political sentiment influenced by global trends.