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Australian stocks edged higher early Monday, with the S&P/ASX 200 rising 0.1% to 5,149.10 in the first trading session after the Liberal National coalition won control of the government in elections Saturday. With incoming Prime Minister Tony Abbott vowing to scrap a mining-tax regime passed by the previous government, miners traded broadly higher, even as many analysts had already penciled in a win for Abbott's coalition. BHP Billiton Ltd.gained 0.8%, Rio Tinto Ltd. rose 1.1%, and Newcrest Mining Ltd. added 3%, as the gold extractor also benefited from a rise in gold futures since Friday's stock session in Sydney. On the downside, some energy names lost ground, with Santos Ltd. and Origin Energy Ltd.each 0.4% lower.