Dr Monique Ryan has thanked a "respectful" Josh Frydenberg after he conceded the race for the seat of Kooyong.
The former treasurer has described the last 12 years as "an incredible privelege".
Catch up on Monday's updates as they happened in our blog.
Key events
- Monique Ryan thanks Josh Frydenberg after winning the seat of Kooyong
- Josh Frydenberg concedes Kooyong
- Albanese has secured support from existing crossbench
- Peter Dutton 'will be leader' of Liberal Party, Alan Tudge says
- The swearing-in is an 'interim arrangement'. What does that mean?
- How can Anthony Albanese become prime minister without a majority?
- Albanese becomes PM, ministers sworn in as an interim arrangement
- Is it going to be a hung parliament?
- Labor's Katy Gallagher is still 'hopeful' of a majority government
Live updates
By Michael Doyle
That is all for the blog today
We are wrapping up our federal politics blog for today.
Former treasurer Josh Frydenberg has conceded Kooyong, while many in the Liberal Party say change is needed after their defeat.
Thank-you for joining us on the blog throughout the day.
Goodbye for now.
By Michael Doyle
Here's what we know about Jodie Haydon
The spouse of the prime minister of Australia generally assists the prime minister with ceremonial duties, campaign events and various other responsibilities.
And while Anthony Albanese's partner, Jodie Haydon, is preparing to take on these responsibilities, she's also gearing up to challenge the traditional, often stereotypical role of Australia's first lady.
As she prepares to take on the high-profile role, Haydon will soon share the same experiences of the first ladies that came before her: living under a microscope.
By Michael Doyle
Monique Ryan thanks Josh Frydenberg after winning the seat of Kooyong
Independent candidate Monique Ryan has thanked former treasurer Josh Frydenberg for his concession of the seat of Kooyong.
The loss marks the first time the seat has left Liberal hands since the party's inception in 1944, after previously being held by party leaders Robert Menzies and Andrew Peacock.
Incoming member Dr Ryan is one of 23 "teal" independents backed by a combination of grassroots support and the Climate 200 group.
Dr Ryan told ABC Melbourne radio she was out in public when she received a call confirming her victory from Mr Frydenberg.
"It was respectful. Mr Frydenberg and I have waged a fairly willing campaign over the last few months, but it was nice to have received the call. I was grateful to him for calling me," Dr Ryan said.
It brings an end to a tense election battle in the seat of Kooyong that saw tempers flare between the candidates.
Dr Ryan attributed her win in Kooyong to changing demographics in the electorate, along with Mr Frydenberg's comments during the pandemic.
"The representative that they had was no longer reflecting their values, and that's why the people of Kooyong have looked elsewhere," she said.
"People were angry with Mr Frydenberg for the way that he spoke about Victoria during lockdown, and I don't think that he recognised the extent to which that stayed in their minds."
By Michael Doyle
Hinkler election winner Keith Pitt says Nationals not to blame for Coalition loss
Outgoing resources minister Keith Pitt says his party has held up its end of the Coalition deal by retaining all its seats as he launches into his first term in opposition.
"My job will be there fighting for the things that matter, and it will be a very public fight," he said.
He said the fundamentals would be the same.
"It is about, for the people I represent, cost of living and what they can afford, having a roof over their heads, making sure your job is there next week," he said.
Mr Pitt said the Nationals took no responsibility for the Coalition's thumping election loss.
He said the campaign was unlike any other he had experienced.
"To be honest it's been a pretty tough one. In terms of the campaign tactics from others, I've never seen this before," he said.
Reporting by Lucy Loram and Scott Lamond
By Michael Doyle
How can Albanese be sworn in as Prime Minister without majority?
So Albo has been sworn in as PM, but only has 72 of the required 76 seats, and 12 are still in doubt. If deals haven’t been struck with Others to make it to 76, then why has be been sworn in? It’s still possible for the Coalition to form minority government if my calculations are correct.
-WTFederalpolitics
As of this moment, Labor was yet to reach the 76 seats needed to form government.
If it falls short, it will need the support of the crossbench to pass legislation in the House of Representatives.
To be sworn in as Prime Minister, Governor-General David Hurley needed to be convinced that Mr Albanese would be able to govern in some form.
The election results have shown that Labor was the only major party that would be able to govern — either in majority or minority.
If the results had been closer and it was clear there would be a hung parliament, but no clarity around which party would secure the support of the crossbench to form government, then the Governor-General would not have agreed to swear in Mr Albanese or Scott Morrison.
Mr Albanese has already received confidence and supply from crossbenchers Rebekha Sharkie, Bob Katter, Andrew Wilkie, Helen Haines and Zali Steggall.
The Governor-General has to have confidence that whoever becomes prime minister will be able to maintain a stable government, whether that's with the support of the crossbench or not.
He also would have received legal advice before the swearing-in to make sure it was the right decision.
Usually, there would not be the kind of rush there is this time around, but the Quad leaders meeting in Tokyo has meant the process has had to be expedited.
By political correspondent Brett Worthington
By Michael Doyle
Jenny Morrison arrives at Kirribilli House
Jenny Morrison arrived at Kirribilli House this afternoon in a car, as the family prepare to move out of the PM's Sydney residence.
Ms Morrison didn't speak to media after pulling up in the driveway and entering the property.
The Lodge, in Canberra, has historically been the official residence for Australian prime ministers and their families.
While Mr Morrison would stay there when he was in the capital, he and his family primarily lived at Kirribilli House.
By Michael Doyle
The AEC counts every vote cast
Other than being polite what does conceding actually do?
Is it formally recognised?
Does the votes still all get counted?
Can you win after conceding?
-Bye bye Josh
Hello my friend.
The AEC will count every vote which is cast, even if concessions happen.
Someone would not concede unless they were 100 per cent sure they were going to lose.
By Michael Doyle
By Michael Doyle
Mark McGowan calls Liberal Party a 'fringe group' after defeat
WA Premier Mark McGowan has dismissed suggestions his popularity helped Labor poll well in his state.
He said new Prime Minister Anthony Albanese led a great campaign that helped capture the WA seats of Swan, Pearce, Hasluck and Tangney.
Mr McGowan says the Liberal Party, at both state and federal level, does not appeal to mainstream Australia.
"They have become quite a fringe group. They don't have very talented people in the parliament, both state and federal," he said.
"They seem to be off on niche issues and arguing with each other rather than promoting the interests of the state, and the people of the state."
By Michael Doyle
Victorian Liberal leader says party needs to change
The Victorian Liberal Party has acknowledged the results of Saturday's election show change is needed in their party.
Liberal seats of Goldstein and Kooyong were lost to independent candidates and two other seats are still too close to call.
State Liberal leader Matthew Guy says while losing seats to independents is nothing new, it should prompt political parties to reflect.
"Elections give you a message, they've given both the Liberals and the Labor party a message in Victoria,' he said.
"It's now up to all of us to listen to them, because Victorians are saying they want change in one form or another."
By Michael Doyle
New member for Kooyong, Dr Monique Ryan, will make an announcement shortly
Independent Dr Monique Ryan says she has spoken to former Treasurer Josh Frydenberg after he conceded the seat of Kooyong.
The new member says she will make a statement shortly.
By Emily Sakzewski
Here is the full statement from former treasurer and Kooyong MP Josh Frydenberg
Today I rang Dr Monique Ryan to congratulate her on the election result in Kooyong and wished her well for the term ahead.
It's been an incredible privilege to have served as the local member for the last 12 years.
Kooyong is where I grew up, and where, with my wife Amie, we are raising our family.
Every day I have given the job my all.
Inspired by the wonderful local people I have met, among them those who volunteer in our charities and sporting clubs, and work in our small businesses and schools.
We have achieved so much together.
It is their contribution that makes our community great.
A community whose diversity, tolerance and values reflect the very best of Australia.
I want to thank everyone who I have had the pleasure to work with locally.
It's been quite a journey.
Their support and friendship has been extraordinary and deeply appreciated.
To the people of Kooyong, I can only say thank you.
I look forward to spending more time with my family.
By Emily Sakzewski
Josh Frydenberg concedes Kooyong
Former treasurer Josh Frydenberg has conceded defeat to his independent opponent Dr Monique Ryan.
"Today I contacted Dr Monique Ryan to congratulate her on the election result in Kooyong," he tweeted.
"It’s been an incredible privilege to have served as the local member for the last 12 years."
Mr Frydenberg said he looks forward to spending more time with family
By Emily Sakzewski
What can we expect from the Quad meeting?
Prime Minister Anthony Albanese and Foreign Minister Penny Wong are well on their way to Tokyo for a Quad meeting.
But what can we expect there?
Greg Barton is Chair in Global Islamic Politics at the Alfred Deakin Institute for Citizenship and Globalisation at Deakin University.
He says at this week's meetings, Japan and India will be looking for signs Australia is serious about engaging with Asia.
Another old friend with deep and long-established links in Asia, France, will be looking for signs of a reset.
The US will be reviewing its expectations of what Australia, under a Labor government, is prepared to contribute to both the Quad security dialogue and to the AUKUS trilateral security pact.
By Emily Sakzewski
Michael McCormack says Coalition would have done better with him as deputy PM
Former deputy prime minister Michael McCormack says the Coalition would have performed better in the federal election if he was the leader of the National party.
The Member for Riverina lost a leadership ballot to Barnaby Joyce last year and has repeatedly refused to rule out making another tilt at the leadership.
"There shouldn't have been a change of leadership of the National Party in June last year, there simply shouldn't have," Mr McCormack said.
"At the last election, the Nationals were all returned to their seats, and we had a couple of transitioning seats with incumbents retiring and new members coming in, and the votes were much higher last time than they were this time."
The Coalition's numbers were decimated by a rise of independents and the Greens in the lower house, but the Nationals have managed to retain all of their seats, with the possible exception of Cowper which remains too close to call.
"Certainly no inner-city politicians or candidate was ever campaigning against Michael McCormack and using my name and discussing my integrity and reputation," Mr McCormack said.
He is yet to declare whether he will challenge Mr Joyce for the leadership, but said he had been asked to.
"I have discussions with colleagues all the time, and some of them are wanting me to put my hand up," Mr McCormack said.
"I appreciate that some might have said only Barnaby Joyce would have got Hunter over the line. Well, he didn't."
By Emily Sakzewski
Nationals face an independent challenge on NSW Mid North Coast
An electorate held by the Nationals for all but two years since federation has given the party a shake-up by supporting a teal independent who has made the seat too close to call.
Cowper, on the NSW Mid North Coast, was the only seat still in doubt for the Nationals almost 48 hours after polls closed in the federal election.
A 6.54 per cent swing against incumbent member Pat Conaghan has left him about 6,000 votes in front of independent Caz Heise, according to the Australian Electoral Commission.
Ms Heise has attributed the narrow margin to an electorate fed up with the status quo.
"The government are not serving us the way that they want to be served and they're not listening to us the way that we want to be listened to," Ms Heise said.
Ms Heise campaigned on similar issues to her metropolitan counterparts — a more ambitious climate policy, a national integrity commission and better gender representation.
She said those who had voted for her weren't satisfied with the National's climate policy.
"Taking real action on climate change, according to science not according to politics, is what the people of Cowper want," Ms Heise said.
Mr Conaghan acknowledged that some of his Coalition counterparts had hurt their fortunes on Saturday.
"Comments from people like Matt Canavan saying net-zero is dead in the water did a great deal of damage," Mr Conaghan said.
"I've taken that up with my party and I'll certainly take it up with Matt Canavan."
Mr Conaghan said he supported the Coalition's net-zero emissions target by 2050.
Reporting by Nick Parmeter and Fiona Poole.
By Emily Sakzewski
When might we see a referendum for an Indigenous Voice to Parliament?
The peak body campaigning for the Uluru Statement to be implemented says the new government should begin charting a course to a referendum on an Indigenous Voice to Parliament.
Commitments from the government on progressing the Uluru Statement have been welcomed by the From the Heart campaign, with Director Dean Parkin saying the government needs to set a timeline on its plan.
"We urge the new government to set a clear pathway to a referendum," he said.
Before his press conference this morning, Prime Minister Anthony Albanese had the Aboriginal and Torres Strait Islander flags installed in the media room and affirmed his plan to implement the statement and launch a referendum on an Indigenous voice to parliament.
First Nations' groups have previously put forward May 2023 or January 2024 as proposed referendum dates.
Reporting by Dana Morse.
By Emily Sakzewski
There are calls for the Liberal party to impose gender quotas
Tasmanian Liberal MP Bridget Archer said the party should consider quotas to improve the number of women in the party after their loss on the weekend.
Ms Archer said she was considering putting her hand up for the party's deputy leadership to stop it moving further to the right.
She also said more needs to be done to improve representation of women in the party, flagging the possibility of quotas.
"I think it's something that needs to be considered, it's considered after every election," she said.
"I think we need to work to create an environment where it's actually an attractive proposition for women to seek preselection."
By Emily Sakzewski
Fowler's Dai Le reflects on her win
Dai Le, who beat high-profile Labor candidate Kristina Keneally in the Sydney seat of Fowler, says it's an "honour" to be elected.
The former Fairfield deputy mayor overturned Labor's 14 per cent margin in the electorate to secure a narrow victory over Ms Keneally, a former senator and NSW premier.
Ms Le is a former ABC journalist who has previously stood for the Liberals in state elections and believes her back story resonated in the diverse electorate held by Labor since its creation in 1984.
She was born in Vietnam, arrived in Australia aged 11 after spending three years in a refugee camp in the Philippines.
By Emily Sakzewski
Kevin Hogan is looking for a shadow cabinet position
As the Coalition begins to plan for its future, northern NSW Nationals MP Kevin Hogan says he will be looking for a leadership position within the party.
Mr Hogan won the flood-affected seat of Page for the fourth time, with ABC projections showing him leading with nearly 63 per cent of the two-party preferred vote and attracting a 3.5 per cent swing to the Nationals.
"I'll be certainly asking for a shadow cabinet position to increase my influence and role there," he said.
In the neighbouring seat of Richmond on the far north coast of NSW, Labor’s Justine Elliot is likely to retain the seat she has held for 17 years.
The AEC is not releasing a preference count in Richmond but currently shows the incumbent Labor MP about 1,700 votes ahead of the Greens candidate, comedian Mandy Nolan, on first preferences.
The ABC’s preference estimate for a count between Labor and the Greens projects Labor is well ahead by more than 10,000 votes.
Reporting by Bronwyn Herbert.
