Australia's Labor Party to Form Next Government
Labor will control 76 of the country's 150-seat House of Representatives after independents Tony Windsor and Rob Oakeshott joined the party's coalition, The Associated Press reported.
The move will allow the Labor Party, led by Prime Minister Julia Gillard, to continue with plans to introduce a 30% tax on iron ore and coal miner profits, and make the country's largest polluters pay for carbon emissions.
"Labor is prepared to deliver stable, effective and secure government for the next three years," Gillard said.
Gillard said she has offered Oakeshott a Cabinet position, which he has not yet accepted. Windsor has said that does not want such a job.