lost the 1987 election to Hawke, and Andrew Peacock was elected Deputy Leader in a show of party unity. In May 1989 Peacock's supporters mounted a party room coup which returned Peacock to the leadership. Hawke's Treasurer, Keating, ridiculed him by asking: "Can the soufflé rise twice?" and calling him "all feathers and no meat". Hawke's government was in political trouble, with high interest rates and a financial crisis in Victoria.
Members in italics did not contest their seat at this election. Where redistributions occurred, the pre-1990 margin represents the redistributed margin.
Outcome
The 1990 election resulted in a modest swing to the opposition Coalition. Though Labor had to contend with the late 80s/early 90s recession, they won a record fourth successive election and a record 10 years in government with Bob Hawke as leader, a level of political success not previously seen by federal Labor. The election was to be Hawke's last as Prime Minister and Labor leader, he was replaced by Paul Keating on 20 December 1991 who would go on to lead Labor to win a record fifth successive election and a record 13 years in government resulting from the 1993 election. At the election, the Coalition won a slim majority of the two-party vote, and slashed Labor's majority from 24 seats to nine. However, it only managed a two-party swing of 0.9 percent, which was not nearly enough to deliver the additional seven seats the Coalition needed to make Peacock Prime Minister. Despite having regained much of what the non-Labor forces had lost three years earlier, Peacock was forced to resign after the election. This election saw the peak of the Australian Democrats' popularity under Janine Haines, and a WA Greens candidate won a seat in the Australian Senatefor the first time – although the successful candidate, Jo Vallentine, was already a two-term senator, having previously won a seat for the Nuclear Disarmament Party at the 1984 election, and the Vallentine Peace Group at the 1987 election. Until 2010, this was the only post-war election where a third party has won more than 10% of the primary vote for elections to the Australian House of Representatives. Since the 1918 Swan by-election which Labor unexpectedly won with the largest primary vote, a predecessor of the Liberals, the Nationalist Party of Australia, changed the lower house voting system from first-past-the-post to full-preference preferential voting as of the subsequent 1919 election which has remained in place since, allowing the Coalition parties to safely contest the same seats. Full-preference preferential voting re-elected the Hawke government, the first time in federal history that Labor had obtained a net benefit from preferential voting. It also saw the Nationals' leader, Charles Blunt, defeated in his own seat of Richmond by Labor challenger Neville Newell—only the second time that a major party leader had lost his own seat. Newell benefited from the presence of independent and anti-nuclear activistHelen Caldicott. Her preferences flowed overwhelmingly to Newell on the third count, allowing Newell to win despite having been second on the primary vote.