For analysis of Australia's federal election, we are joined in the studio by Yang Xiyu, senior research fellow at the China Institute of International Studies.

Q1: Australian Prime Minister Malcolm Turnbull dissolved both houses of Parliament in May, and called an early election to enact major economic reforms. What might be the impact of the election results on the economy?

Q2: You mentioned this is a decisive vote to re-shape Australia's economic future. Tell us why it is happening now.