The Liberal party leader, Scott Morrison, conceded defeat just before 11pm AEST on Saturday, and announced he would step down as leader of his party.
And I think it is important for our nation to heal and to move forward,” Morrison said.
It was not apparent it could win a majority of seats to be able to claim victory – which would have been its first since 2007.
Albanese told his supporters in Sydney his government would be “as courageous and hard working and caring as the Australian people”.
However when declaring victory on Saturday evening, Albanese said “together we can end the climate wars”, and said Australia can be a “renewable energy superpower”.
Early results indicated the teal independent movement could have taken as many as five seats from the government, cutting a swathe through the moderate faction of the Liberal party.
Prominent government MPs who fell included the treasurer, Josh Frydenberg, who was all but certain to lose the wealthy Melbourne seat of Kooyong to the independent Monique Ryan. »