SYDNEY -- Australian stocks opened slightly higher on Monday after Labor leader Anthony Albanese was sworn in as the country's 31st prime minister, ending almost a decade of conservative rule.
Labor's economic policies 'not radically different' but clear win soothes nerves

The new Australian prime minister, Anthony Albanese, has pledged tax relief for more than 9 million Australians with incomes above a certain threshold. (Source photos by Reuters)
SYDNEY -- Australian stocks opened slightly higher on Monday after Labor leader Anthony Albanese was sworn in as the country's 31st prime minister, ending almost a decade of conservative rule.