Labor is in no hurry to divorce Australia from the monarchy, despite the party's push for a separation being part of its official platform.
Anthony Albanese has put on ice any plans for the government to pursue a republic, saying he won't hold a referendum during his time as prime minister.
While the prime minister has long been an advocate for a republic, he has slowly backed away from pushing for an Australian head of state.
"I support an Australian as our head of state, but I also respect the decisions which have been made and our system of government and I think that's important," he said.
Labor's 2021 national platform states the party "supports and will work toward establishing an Australian republic with an Australian head of state".
Treasurer Jim Chalmers says holding a refere