Then refer to Anthony Green's website where he makes the follow statements and prediction:
http://blogs.abc.net.au/antonygreen/2010/08/who-won-the-national-2-party-preferred-vote.html

"Anyone arguing that the AEC's current Labor 2-party preferred vote of 49.99% is significant is wrong. It is likely that Labor's current national 2-party preferred percentage is higher than this, but we won't know for several weeks."


EDIT: Just to add for contrast, in terms of the "popular vote", a similar result happened to Howard in 1998 (election in their first term in office).
http://en.wikipedia.org/wiki/Australian_federal_election,_1998

Well even from your linked site LESS Australians voted for labor than the others:

Australian Labor Party             5,847,263     49.99     
Liberal/National Coalition    5,848,632    50.01

Quote from: pinsanity on September 07, 2010, 11:04:22 PM

Quote from: Homepin on September 07, 2010, 09:57:19 PM

I beg to differ - more appropriate might be:

"Labor shonks their way into Government with only 20% of the vote"

That isn't accurate.

http://vtr.aec.gov.au/HouseStateFirstPrefsByParty-15508-NAT.htm