Australian Labor leader concedes election defeat to incumbent PM

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Australian Prime Minister Scott Morrison has been re-elected to continue on with the job in a general election on May 18 that has been described by the press for left-leaning populists as another a "shock" election victory.

Morrison's coalition defied expectations by holding onto a string of seats in the outer suburbs of Australia's largest cities, as well as in the resources-rich states of Queensland and Western Australia and the small island state of Tasmania.

The polls, however, were wrong. Senior Labor figures began lining up on Sunday for the leadership after the centre-left party lost what some commentators called an "unlosable" election.

In his victory speech, the continuing Prime Minister said that "Tonight is not about me, it's not even about the Liberal Party".

Australia's conservative government celebrated on Sunday its surprise election victory that defied years of unfavorable opinion polls, with US and Israeli leaders welcoming Prime Minister Scott Morrison's return to office. The White House said "the two leaders reaffirmed the critical importance of the long-standing alliance and friendship between the United States and Australia".

"Congratulations to Scott on a GREAT WIN", Trump said on Twitter before calling the Australian leader.

Shorten, who has campaigned heavily on reducing greenhouse gas emissions, said Saturday morning that he was confident Labor would win, but Morrison would not be drawn on a prediction.

The Labor leader, Bill Shorten, has already accepted defeat.

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O'Shannessy said Sunday, "You should never sack the prime minister on the basis of a Newspoll-ever".

A Nine-Galaxy poll released shortly before the voting stations closed in the east of the country showed a victory for the Labor party and Liberal Party-led coalition losing its bid for a third three-year term.

"There is now a clear mandate for resources projects that have lawful approvals to proceed, such as the Adani coal mine", the Minerals Council of Australia's chief executive Tania Constable said in a statement on Sunday. The surprise success of the more business friendly Liberals should provide support for the Australian currency. "These are the quiet Australians who have won a great victory tonight!".

Meanwhile, the Labor Party, which was widely expected to win the election, is set to claim 68 seats, with independents and minor parties claiming six seats.

The Coalition won 74 seats in the House of Representatives of a possible 151, with 5 electorates still in doubt, meaning it could still attain the 76 required to form a majority government.

Federal Labor leader Bill Shorten has referred to climate change as an "emergency", in his final formal pitch to voters ahead of Saturday's federal election. He then flew 900 kilometers (560 miles) home to Sydney to vote and to campaign in Sydney seats. Labor has promised a 45% reduction in the same time frame.

The government has committed Australia to reduce its emissions by 26 per cent to 28 per cent below 2005 levels by 2030.

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