Australia's new government vows to limit foreign aid
CANBERRA (AP) - A new government prepared to take control of Australia on Sunday, with policies to cut pledges in foreign aid and to wind back greenhouse gas reduction measures in an effort to balance the nation's books.
Prime Minister-elect Tony Abbott also plans to visit Indonesia soon in part to discuss controversial plans to curb the number of asylum seekers reaching Australian shores in Indonesian fishing boats.
Mr Abbott's conservative Liberal party-led coalition won a crushing victory at elections Saturday against the center-left Labor Party, which had ruled for six years, including during the turbulent global financial crisis.
The Australian Electoral Commission's latest counting early on Sunday had the coalition likely to win a clear majority of 88 seats in the 150-seat House of Representatives. Labor appeared likely to secure 57.