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Originally Posted by Oberon
Well...yes and no, the Prime Minister of Australia technically defers to the Governor-General who defers to the Queen but it very rarely ever goes that way. The last time I think the Governor-General had to get involved in things was during a Constitutional Crisis in 1975.
But yes, she does still have a fair bit of power but it's only really left to her in the knowledge that she will only ever use it in the direst of circumstances. Which is one of the reasons why the British political system is very jittery about the idea of Charles getting the throne because unlike Elizabeth he prefers to take a more direct role in political affairs and has his own pro-environmental agenda, which while I think is noble, will result in a lot of bad blood between parliament and crown if he tries to exercise too much of the power he has.
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In truth I'd rather Charles gave way to William when the next heir accedes to the throne but I can't honestly seeing that happen, he's waited so long bless his little jug ears.