That's it for our live coverage of the Australian election today - but there's a lot more where that came from.

Interested in why voters went off Peter Dutton? Check out this piece about the "Trump effect".

Or, if you're curious about the issues Anthony Albanese will be facing in his next term, we've got more on the major trade decisions Australia faces, the country's housing and healthcare crises, and the battle over climate policy.

If you want to know more about the Coalition's crushing defeat, and where they go now, you can read all about it here.

For an election described by some voters as "boring" and "weird", it certainly had an interesting conclusion.

Thanks for joining us.

Of the five House of Representative seats available in Tasmania, the Liberals haven't taken one.

MP for Bass, Bridget Archer, has been ousted by Labor's Jess Teesdale. And after her colleague Gavin Pearce's recent retirement in Braddon, his successor Mal Hingston hasn't been able to hold down the fort - his Labor competitor is up 10,000 votes in the latest count data.

Lyons is the state's largest electorate, where the Liberal party has conceded 61% of the vote to Labor - indicative of the state's wider trend.

Things are looking slightly brighter for the Liberals in the Tasmanian senate race: of the two seats up for grabs, one has been claimed for the Coalition and they're ahead in the other, according to the Australian Broadcasting Corporation.

Anthony Albanese's re-election makes him the first Australian prime minister to win back-to-back elections since John Howard in 2004.

Since then, every other leader has either been replaced by their own party or served a single term, after their time in power made them less popular at the next election.

While this was a concern for Albanese, the "uncertain times" that he cited in his victory speech seem to have persuaded Australians to stick with the familiar, rather than risk further upheaval.

Albanese is also the first Labor Prime Minister to win back-to-back elections since Bob Hawke, who led the country from 1983 to 1991.

Image source, Getty Images

Peter Dutton on Saturday night became the first federal opposition leader to ever lose their seat in parliament at the same time as losing an election.

Even before the results were final, Dr Peter Chen from the University of Sydney, whose focus is on media and politics, had forecast that such an outcome was "certainly on the cards".

Speaking to the BBC News Channel, Chen noted that Dickson was the most marginal seat in Queensland for the Liberal party, and that while Dutton could have moved to a safer seat as the leader of his party, he chose not to.

He added that Labor had been campaigning hard to displace Dutton for a long time and that their candidate, Ali France, was "well-established".

"She was door-knocking all the way through the election, while Peter Dutton was out of his seat campaigning nationally.

"Sometimes when you're out of your office, you're out of your office."

The Coalition has yet to announce who'll be taking Peter Dutton's place as party leader.

While no one has yet announced that they'll be angling for the post, here are some possible contenders:

• Angus Taylor, the shadow treasurer and member of the Liberal Party’s conservative faction. Taylor has been touted as a "frontrunner" by The Guardian, but has also attracted blame for the Coalition's defeat due to what some viewed as lacklustre policy offerings during the campaign
• Sussan Ley, deputy leader of the Liberal Party and Opposition, is also seen as a strong contender. Ley has been minister for health and environment, and from the moderate flank of the party
• Andrew Hastie, shadow defence spokesperson, was named "leadership material" by a senior Coalition figure on election night. At 42, he is the youngest of the group, and has less experience with senior portfolios
• Dan Tehan, shadow immigration minister, has won his sixth term in western Victoria and has been referred to as a "Liberal party blue-blood" by the Australian Broadcasting Corporation

Tehan is the only one of the four to have spoken publicly since the Coalition's loss, telling the ABC that a review of all Coalition policies in the "cold, hard light of day" is needed before a leader is chosen.

Image source, Getty Images

The Liberal party has conceded defeat in the seat of Curtin in Western Australia, one of their more promising chances of winning back their former base.

Teal independent Kate Chaney has held on to the seat by a tight margin of 1.3%, according to the ABC.

Chaney told ABC radio she was "relieved" voters saw through the "negative campaigning" of the Liberal party.

Liberal candidate Tom White said the "defeat stings" but he has "no regrets" in a statement on social media.

"Fairness, aspiration and opportunity for all" were just a few of the Australian values Albanese celebrated in his victory speech on Saturday night.

Speaking at Labor's election results watch party, the PM said his second term would herald a future built on "everything that brings us together as Australians, and everything that sets our nation apart from the world" in a time of "global uncertainty".

Listen below to the cheers of supporters as Albanese listed the other Australian values he said voters had chosen.

Image source, Getty Images

Climate experts say Labor's victory last night shows Australia is "staying the course" on climate and the transition to renewable energy.

“This was an energy referendum. Nuclear bombed at the ballot," says Amanda McKenzie, chief of the Climate Council.

The Liberal National Coalition had made a major push for nuclear power, making it one of the centrepieces of their campaign.

David Ritter, CEO at Greenpeace Australia Pacific, says the results show the nation has "comprehensively rejected the Coalition’s Trumpist" climate agenda. It is now up to Albanese to "listen to Australians", he adds.

Following its re-election, Labor will "double down on international climate action", according to Dr Wesley Morgan, a research associate at UNSW.

But it will also face pressure to stop approving new coal and gas projects, Morgan adds, as Australia remains one of the world’s largest exporters of those fossil fuels.

Australia's Greens party has seen their presence in Canberra significantly diminished compared to the previous term, going from four Members of Parliament to one.

Adam Bandt, MP for Melbourne, is the sole survivor of the cull. All other seats counted so far have been handed over to Labor.

Queensland had previously been dubbed "Greens-land" after the party won Brisbane, Griffith and Ryan in the 2022 election.

"Reds-land" has less of a ring to it, but is now more accurate in light of the swing towards Labor.

Image source, Getty Images

Labor candidate Ali France won the seat of Dickson last night, unseating opposition leader Peter Dutton in a seat he has held for 24 years.

Her victory means Dutton is the first federal opposition leader to lose his own seat.

France has been chipping away at Dutton's home base of Dickson for years - and last night, she finally succeeded.

She is a former journalist, para athlete, and the eldest daughter of former Queensland state minister Peter Lawlor.

France, who lost her leg in an accident in 2011, said she was inspired to run for political office to advocate for people with disabilities.

More on the prime minister's first outing after his reelection.

Albanese said his "good friend" James Marape, the prime minister of Papua New Guinea, was the first to send his congratulations.

"He called me at about a quarter to eight," he said with a laugh.

Too early?

"No, no, he was first. He's a good friend."

Image source, Getty Images

The election was called in Albanese's favour just a few hours after polls closed - but even now, not all votes have been counted.

On election night, some 20 to 25 million ballot papers are manually tallied up in an "indicative count" according to the Australian Electoral Commission, who run the country's voting system.

Then, over the next few days (or weeks, depending on delays) they finish the job. It's an elaborate process involving human verification of millions of Senate preferences and a mandatory secondary count of House of Representatives votes.

So there's no hard and fast rule on when the final and legal results are declared - and it's unclear when exactly we'll know the final outcome. The AEC's operating principle is "right not rushed".

Image source, Getty Images

Prime minister Anthony Albanese has made his first public appearance after his victory last night.

He shook hands with locals and was greeted by enthusiastic supporters outside a Sydney cafe in Leichhardt, a suburb within his electorate.

"The Australian people voted for unity rather than division," he said to a gaggle of media and camera flashes.

Albanese said he's received "warm" messages from world leaders congratulating him on his win.

Asked when he'll be heading to the US, the PM emphatically said: "My job's here, to represent Australia's national interest."

A former adviser to Scott Morrison, Australia's previous Liberal prime minister and predecessor to Peter Dutton, said last night's results were "a complete catastrophe for the Coalition".

Speaking to the Australian Broadcasting Company's AM radio show, Andrew Carswell pinned the party's failure on the Australian people's "clear hesitation with Peter Dutton", saying "the anger and frustration that people had towards Albanese and Labor wasn't strong enough to overcome" it.

"The Dutton experiment failed" he said, adding that the party is now "staring down the barrel at three terms in opposition".

Carswell noted that he was hopeful about some "very good up-and-coming Liberal MPs" taking the party's helm. But their next chance to lead the country won't come for another three years.

Image source, Reuters

The Liberal party saw crushing losses in urban and metro areas on election night.

The party's members were largely ejected from their seats in Australia's major cities, including Melbourne, Sydney, Brisbane and Adelaide.

Earlier we mentioned Liberal MP Keith Wolahan's appearance on ABC's Insiders.

He made clear that the party needed to "turn our mind" to those who live in Australia's cities, including professional women, younger people worried about owning a home, and multicultural groups.

"We need to acknowledge the cities that we live in and not the cities that we used to live in," he added.

Prime minister Anthony Albanese and opposition leader Peter Dutton thanked each other on Saturday night for a "hard-fought campaign".

Both leaders were gracious in their speeches and congratulated each other on their achievements this election campaign.

Here's more of what they had to say.

Image source, Getty Images

Liberal party MP Keith Wolahan has appeared on ABC's Insiders program and called for a "serious review" of the party's bruising defeat.

"You have to acknowledge things went wrong," he said.

"We have to listen to Australians. They have sent us a message. And our first task is to hear it. And that often takes time."

When asked if Peter Dutton himself was the problem, Wolahan declined to answer directly but said he has great respect for the Liberal leader.

Wolahan represents the seat of Menzies in Victoria and says it's very likely he will lose his seat.

Cheers and some jeers towards the opposition were heard at Labor HQ as they watched the election results roll in last night.

Newly re-elected Prime Minister Anthony Albanese stopped crowds from taunting the Coalition with a raised index figure.

"No. What we do in Australia is we treat people with respect," he told the celebrating crowd.

The mood was more sombre in Brisbane as Peter Dutton conceded defeat, saying "I accept full responsibility" for the loss.

Image source, Getty Images

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Katy Watson
Australia correspondent

Image source, Getty Images

Last night's election win is a big one for the prime minister, who made a surprising comeback to secure a comfortable majority for a second term. But it's an even bigger loss for Peter Dutton and his Liberal National Coalition.

Dutton initially seemed to have an advantage over the incumbent PM, who was battling a cost-of-living crisis and dismal ratings.

But that advantage vanished as the campaign wore on, ending in a humiliating defeat for the opposition leader.

An awkward and inconsistent campaign that did not do enough to reassure voters was partly to blame - but there is no mistaking the big part played by what some have called the "Trump effect".

Dutton, whether he liked it or not, was a man who many saw as Australia's Trump. As it turns out, Australians do not appear to want that.

• You can read more here

World leaders have sent their congratulations to prime minister Anthony Albanese after his emphatic electoral win over Peter Dutton.

UK prime minister Sir Keir Starmer praised the success of Australia and the UK’s “long-distance friendship” and highlighted the continued growth of the Aukus partnership.

US Secretary of State Marco Rubio said Australia is a “valued US friend and close partner”, and that he looked forward to working with Albanese to promote freedom and security.

Ukrainian leader Volodymyr Zelenskyy thanked Australia for its “unwavering support”, saying he looked forward to “further strengthening our productive partnership”.

Newly elected Canadian prime minister Mark Carney said Australia and Canada are the “most reliable of friends” and that he valued the opportunity to build on that relationship.