Australia's Labor opposition concedes poll defeat

July 10, 2016 09:11

Australian Opposition Leader Bill Shorten has conceded electoral defeat, as the Coalition edged towards a wafer-thin majority in federal parliament.

Eight days after the polls closed, ABC News reported that the Coalition has now won 74 seats and Labor 66, while five remain undecided.

Shorten said although counting was still underway, it was clear Prime Minister Malcolm Turnbull would form either a minority or majority government.

"I have spoken to Turnbull and congratulated him," Shorten told a press conference in Melbourne, adding that Labor was willing to work to find "common ground" with the government.

"I understand we need to make this parliament function and we'll be up for that. I hope for the nation's sake that the Coalition does a good job," he said.

Image: Australian Prime Minister Malcolm Turnbull

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