The court verdict places the government of Prime Minister Malcolm Turnbull in jeopardy, as it enjoys a one-seat majority in the lower house.   Soon after the verdict Joyce renounced his New Zealand citizenship, but he will have to re-contest the seat in a by-election.   

Till that happens, Turnbull's government is perched precariously, the saving grace being that the three independent lawmakers have pledged their support to him.   

You can read the full report here.