Sources have stated that Australian Prime Minister Malcolm Turnbull has declared victory on Sunday in a marathon national election, with his coalition government retaining power and the opposition Labor Party conceding defeat.
Mr. Turnbull's coalition anticipated to win two of the five seats still in doubt, enabling it to form a majority government, after having already won 74 of the 150 lower house seats up for grabs in the poll.
Meanwhile Mr. Turnbull's narrow margin of victory over Labor leaves him likely to be forced to rely on independents, who have won five seats, to ensure the passage of legislation, which has raised questions about how effective his government will be in the long term.
Mr. Turnbull has told that they need to ensure that all the vital government services are provided, and at the same time, we have to ensure we bring our budget back into balance and the difficult legislative pathway after the election could force changes to some proposed legislation.
