Turnbull secures first election as prime minister

Queensland politician Pauline Hanson has been slammed on social media over the source of information used in her party’s medical marijuana policy

If that happens, Turnbull's coalition will forge an alliance with independent and minor party lawmakers to form a minority government.

"We're a grown-up democracy, it shouldn't take eight days to find out who's won", said Shorten.

Shorten conceded defeat earlier in the day and said, "It is clear that Mr. Turnbull and his coalition will form a government".

"We need to make this Parliament function and we will be up for that".

The Townsville-based seat of Herbert is still line-ball with Labor ahead by just 302 votes with almost 7000 votes to be counted.

Although he is expected to form a majority government, Turnbull's gamble in calling the election backfired badly, with a swing to the center-left Labor opposition and a rise in the popularity of minor parties and independents.

How honest Bill Shorten is with his pledge to work with the re-elected Turnbull Government remains to be seen, but it is in the Senate where it will be make-or-break for the Prime Minister's policies.

Despite the election loss it is believed that Shorten has the support of the Labor to continue as leader of the party due to the Labor winning as many as 69 seats compared to 55 in the 2013 election.

"We've won the election, that's what we've done", Turnbull told reporters in Sydney, adding that he received a call from Labour leader Bill Shorten congratulating him on his re-election as prime minister.

The Nationals' 22 MPs, led by Deputy Prime Minister Barnaby Joyce, will meet tomorrow to discuss any changes to the agreement, which is essential to forming government.

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Turnbull said his granddaughter Isla was on his lap when he took Shorten's concession call, and he was "deeply, deeply touched" by the moment.

The coalition went into the election with 90 seats in the House, compared with Labor's 55.

Projected to win 76 seats and gaining the support of a few independents, Prime Minister Malcolm Turnbull looks like he can officially recover from the near heart-attack he must've had on July 2.

He said that his Labor party would work with the coalition "where there is common ground".

Labor, which now has 66 seats under its belt and is expected to win three more, conceded defeat.

His removal of a sitting prime minister alienated some voters, and Abbott's former staffer Peta Credlin dubbed him "Mr Harbourside Mansion" when he failed to do a street walk in one of Sydney's less affluent western suburbs. Uncertainty surrounding the election prompted rating agency Standard & Poor's to downgrade Australia's coveted AAA credit rating last week from "stable" to "negative".

"It is a attractive reminder that we are trustees. for future generations", he said.

He also said it was time Australia considered ditching its pencil-and-paper ballots for a speedier electronic system.

"I think a plebiscite offers us a great future, like it did in Ireland, of comprehensively putting this issue to bed in a way where the community completely owns the result and politicians just have to toe the line", he told ABC radio.

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