Australian Spotlight

Australian Prime Minister John Howard

After 11 years in the back seat, Australia's Labor Party is itching to take the wheel of government again. Four times in a row voters have rejected Labor in favor of John Howard's conservative coalition. But with a shiny-blond new leader, Kevin Rudd, trouncing Howard in popularity polls, Labor has a real chance to deprive the P.M. of a fifth term. A few days after Howard called an election for Nov. 24, betting markets were offering $2.60 for a government win; $1.50 for Labor.

But few pundits are prepared to write...

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