John Howard to seek 5th term

John Howard has said he will contest the next Federal Election, and is not going to step down for Peter Costello. Costello it seems has accepted this decision and will not resign as Treasurer.

It would be an almost unprecedented event in a western democracy to win five elections in a row, but serious doubts remain about Kim Beazley’s ability to challenge Howard for the job so I wouldn’t want to bet against Howard yet.