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Labor under Prime Minister Bob Hawke retained governtment.
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In an exchange of Labor Party Leadership, Paul Keating became prime minister, succeding Bob Hawke, who left parliament on 20 February, 1992 after 12 years representing the seat of Wills
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The first Coalition government for 13 years was sworn in, with John Howard as Prime Minister.
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Minister of the new Labor government leb by Kevin Rudd, with Julia Gillard as Australia's first female deputy Prime Minister, sworn by the Governor-Genral.
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PM website<p>
After the closest election result since 1961 produces a hung Parliament, intense negotiations enable Labor to form a minority government with the support of four cross-bench Members.
