Simplify the following text for a Grade 13 native English-speaking person.
Original: After some consideration , she agreed to become the first Labor nominee for the presidency and the first woman candidate in what was only the second presidential election to be contested by three candidates since 1945 .
Simplified: One year later she agreed to become the first Labor candidate for the presidency and the first woman candidate in what was only the second presidential election to be contested by three candidates since 1945 .