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In recent federal elections, Victoria has represented a stronghold for the Labor Party.
The 2022 federal election saw Labor win 24 out of 39 Victorian seats and 54.83% of the two-party preferred vote.
However, in the upcoming election, Victoria is shaping up as a problem state for the Albanese government.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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