Australia’s 2022 federal election played out in ways that few could have expected. Not only did it bring a change of government; it also saw the lowest number of primary votes for the major parties and the election of the greatest number of Independents to the lower house since the formation of the Australian party system. The success of the Teal Independents and the Greens, along with the appetite voters showed for ‘doing politics differently’, suggested that the dominant model of electoral competition might no longer be the two-party system of Labor versus Liberal. At the very least, the continued usefulness of the two-party-preferred vote as a way of conceptualising and predicting Australians’ voting behaviour has been cast into serious doubt. In Watershed, leading scholars analyse the election from the ground up—focusing on the campaign issues, the actors involved, and the successes and failures of campaign strategy—and show how digital media, visual politics and fake news are changing the way politics is done. Other topics include the impact of COVID-19 and the salience of climate, gender and integrity issues, as well as voting patterns and polling accuracy. This authoritative book is indispensable for understanding the disenchantment with the major parties, the rise of Community Independents, and the role of the Australian Greens and third parties. Watershed is the eighteenth in the ANU Press federal election series and the tenth sponsored by the Academy of the Social Sciences in Australia.