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Labor under Prime minester Bob Hawke retained government.
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In an exchange of Labor Party leadership, Paul keeting became prime minister, succeeding Bob Hawke, who left parliament on 20 February 1992 after 12 years representing the seat of Wills.
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The first Coaliton government for 13 years was sworn in, with John Howard as prime minister.
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Misters pf the new Labor government led by kevin rudd with Julia gillers as Australias first female deputy Prime Minister, sworn in by the Governorment General.
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http://After the closest election result since 1961 produces hung parliament, intense negotiations enable Labor to form a minority government with tthe support of four cross-bench members.
