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Gillard back as Aussie PM

world Updated: Sep 08, 2010 00:55 IST

Reuters
Highlight Story

Australian Prime Minister Julia Gillard secured a wafer thin parliamentary majority on Tuesday, ending a political impasse but hardly cheering investors worried about the fragility of her government.

Gillard's Labor Party, which was punished by voters in August 21's inconclusive elections despite a robust economy, secured just about enough support to form a one-seat majority in the lower house of parliament.