Australians are casting their final votes Saturday in a national election campaign dominated by cost-of-living concerns that’s being closely watched abroad for signs of a Donald Trump-inspired swing against conservative candidates.

Supporters at Labor’s election party in Sydney cheered and hugged each other as Albanese claimed victory and said his party would form a majority government.

Australian Prime Minister Anthony Albanese is on track to become the nation’s first leader since 2004 to win consecutive elections, according to opinion polls, with his center-left government extending its lead over the opposition ahead of Saturday’s vote.