In the monarchist system both HRH Elizabeth the Second, by the Grace of God, Queen of Australia and Her other Realms and Territories, Head of the Commonwealth, and her various No1 servants, can be treated with less idolatry than the temporary presidents of the various republics.
Her Maj is of Royal descent going back to Odin, and her position is permanent and being secure, even loyal monarchists as I are comfortable with sending her and designated replacement Prince Chilla up. (Besides her actual power exists only in theory not practice) As for Prime Minsters, they are functionaries and deserve no respect.
However Presidents, be they Mugabe or Bush, are like Barbra Streisand - very powerful and very insecure - need constant adulation from their supporters lest they become paranoid.
(Oh and just have your election already. Since those guys started campaigning: Butters became leader of the ALP, got elected, and we are already sick of him - and you still haven't decided who your candidates are)
You and me both, Mate!