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Cautious, considered, or coasting? Decoding the Albanese government’s second term

What’s the Albanese government’s real game plan for its second term, and how will it play out in the media? Isentia recently brought together three of Australia’s top political journalists to pull back the curtain: Peter Gearin, Editor in Chief atThe Mandarin, Jason Koutsoukis from The Saturday Paper, and acclaimed broadcaster Virginia Haussegger AM, for a panel with our partners CPRA at the Government Communications Forum, held at the National Press Club

For communications pros, the conversation was packed with clues about what to expect next from Canberra.

A smart strategy or a wasted opportunity?

The panel honed in on the government’s positioning since its “monumental election victory” an “oddly quiet return to political normality.” It’s a question every political operator is asking: is this a calculated, smart and stable approach, or is the government squandering a chance to be “bold and progressive”?

Peter Gearin suggested the caution is deliberate and here to stay. His take? The government learned a huge lesson from the Voice referendum, when Labor bit off too much, meaning the Government now wants to occupy the political centre and won’t risk getting caught out like that again. Expect the cautious approach and the first-term playbook to continue.

What sits behind this posture is a desire to move beyond being a party in power to being seen as the party of government. While critics argue this looks like stagnation, supporters see a measured style that prioritises trust over spectacle.

What’s on the agenda? Policy and Parliament

So, what are the key issues the government needs to nail this term? The panel highlighted several areas to watch closely:

• Economic messaging: The recent Economic Roundtable was seen as the government’s attempt to carefully make the case or test the waters for change. How this translates into actual policy will be a major test.

• The public sector: The Mandarin’s editor pointed to the ongoing agenda for Australia’s public servants and the government’s plans for improving the sector. Katy Gallagher is driving a vision of “evolution, not revolution” with a focus on strengthening in-house capability and reducing reliance on consultants.

• Parliamentary chess: With the new makeup of parliament, will the government keep trying to find consensus with the opposition, or will it work with the Greens to drive a more progressive agenda? This strategic choice will define the term. The Greens are repositioning to be more pragmatic at the federal level, while the Coalition remains fragmented. A weak opposition could make the government’s path smoother, but it also risks reducing contestability and scrutiny in the system.

Leadership and cabinet confidence

Much of the government’s steadiness comes from its internal team. Albanese is viewed as a strategic operator with deep Labor roots, and his confidence is backed by a cohesive cabinet. Ministers like Jim Chalmers and Katy Gallagher have emerged as key players, bolstering the sense of stability. This team-based strength underpins the government’s cautious but deliberate style.

Balancing foreign policy and national interest

While domestic policy dominates headlines, the government is also asserting national interest abroad. Stability in foreign policy has been part of its strategy to project maturity and avoid overreach. This layer of pragmatism adds to the perception of a government intent on consolidating itself as a long-term, steady hand.

From broadcasting to narrowcasting

For communicators, the real gold was the discussion on how to get a message across in today’s complex and vast media landscape.

The panel explored the government’s newer tactics, like the PM’s appearances on popular podcasts with influencers such as Abby Chatfield and Hannah Ferguson. This reflects a broader shift from broadcasting to narrowcasting, with messages tailored to segmented audiences rather than a one-size-fits-all approach. Success now depends on understanding fragmented channels and feeding high-quality, diverse content into the ecosystem.

But even as the playbook evolves, there’s an argument for getting the basics right. Gearin believes the media’s core job is to talk truth to power and explain how government decisions actually affect citizens, rather than just focusing on the politics or the optics. As news consumption habits change, especially among younger Australians, this balance between accountability and relevance is more important than ever.

We are watching a government playing a cautious long game, intent on cementing itself as the party of government while avoiding the risks of overreach. At the same time, the opposition’s weakness and media’s evolution raise questions about accountability and contestability. For communicators, understanding both the government’s measured strategy and the fast-changing media playbook is essential to navigating the term ahead.