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But there are still at least five seats that are yet to be called.
This means Labor’s ability to form a majority government is still up in the air.
How many seats does Labor need to form a majority government?
To form a majority government Labor needs 76 seats in the House of Representatives.
What seats are left to be called?
There are five seats still to be called.
Votes are still being counted for the seat of Gilmore in NSW, with 85.31 per cent of ballots accounted for. The LNP’s Andrew Constance is hoping to remain in power and is in a close battle with the ALP’s Fiona Phillips.
The Victorian seat of Deakin is still too close to call with 80.2 per cent of the votes currently being counted. Liberal candidate Michael Sukkar is up against Labor’s Matt Gregg.
Liberal and Labor HQs tell two different stories
Also in Victoria still to be called is the seat of Macnamara, which is in a tight three-way race between the ALP’s Josh Burns, the LNP’s Colleen Harkin and the Greens’ Steph Hodgins-May.
While the 9News tracker has given the seat of Lyons in Tasmania to Labor’s Brian Mithcell, the LNP’s Suzie Bower has yet to concede.
The Victorian seat of Kooyong held by former Treasurer Josh Frydenberg was called on Monday, with Frydenberg conceding defeat to ‘teal’ independent Dr Monique Ryan.
For the first time, the seat will be held by a politician who isn’t from the Liberal National Party (LNP).
Liberal candidate Bridget Archer retained her seat of Bass in Tasmania.
Labor’s Jerome Laxale defeated the Liberal Party’s Simon Kennedy to gain the seat of Bennelong in NSW.
The Liberal Party’s James Stevens retained the South Australian seat of Sturt.
In Queensland the Greens pulled off a historic win for the minor party with Max Chandler-Mather beating the Australian Labor Party’s (ALP) Terri Butler for the seat of Griffith situated south of the Brisbane River, in Queensland’s capital city.
In what was a tight contest, Liberal candidate for the seat of Ryan in Queensland, Julian Simmonds, has conceded defeat, with the Greens’ Elizabeth Watson-Brown set to be victorious.
And former Defence Minister Peter Dutton has retained his Queensland seat of Dickson in what was a tight rate with the ALP’s Ali France.