Labor has come back into power after being in opposition for nine years, thanks to a surge of support for the Greens and climate-focused independents. This wave of support, mainly from women, helped to defeat the conservative coalition in the general election. Albanese, the new prime minister, emphasized the importance of leading a government that unites rather than divides. Despite the ongoing vote counting and the final makeup of the government still pending, Albanese was sworn in by the Governor-General so he could attend a meeting with the Quad security grouping in Tokyo. The Quad consists of India, the United States, Japan, and Australia, and aims to counter China's growing influence in the Indo-Pacific region. Albanese acknowledged that Australia's relationship with China will continue to be challenging, especially ahead of the summit with U.S. President Joe Biden and the prime ministers of Japan and India. Deputy Labor leader Richard Marles and three key ministers, Penny Wong in foreign affairs, Jim Chalmers as treasurer, and Katy Gallagher in finance, were sworn in alongside Albanese on the Quad trip. Albanese's working-class background was a focal point of Labor's campaign, emphasizing his upbringing in public housing by a single mother on a disability pension. Labor is currently leading in 76 seats in the lower house, with some races still undecided. Independents and the Green party are projected to win over a dozen seats as postal votes are counted. The influence of "teal independents" campaigning on climate, integrity, and equality in affluent Liberal-held seats could be significant. Independent Monique Ryan emphasized that climate change was the top concern for voters in her constituency of Kooyong in Melbourne, a sentiment acknowledged by outgoing Treasurer Josh Frydenberg. Ryan stated that their platform was shaped by the values and desires of the people they listened to. Opposition leader Albanese expressed hopes for Labor to secure enough seats for a majority government, but also mentioned agreements with some independents to not support no-confidence motions against his administration. Upon his return from Japan, Albanese vowed to swiftly fulfill his campaign promises, which include establishing a national anti-corruption body and a $15 billion manufacturing fund to boost Australia's economy. The entire cabinet will be sworn in on June 1. Australian financial markets had a calm response to the election results on Monday, as the outcome was already anticipated and no significant shift in economic direction was foreseen. Commonwealth Bank of Australia economists stated that their economic predictions and expectations for the Reserve Bank of Australia remain the same despite the change in national leadership.