News Election 2016 PM’s warning on election result

PM’s warning on election result

Australian Prime Minister Malcolm Turnbull
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Australians will have to wait another day before getting a clearer picture about the outcome of the federal election.

Electoral commission officials won’t resume counting votes until Tuesday.

The delay prolongs political uncertainty that’s likely to manifest itself on Monday in turmoil in financial markets already buffeted by fallout from Brexit.

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Neither the coalition or Labor has won enough seats in the lower house to form a majority government.

After a swag of pre-poll votes was added to the count early on Sunday morning, the coalition had 72 seats in the 150-seat lower house, Labor 67, Greens 1 and independents four.

Six seats remain in doubt: Labor leads in Chisholm, Forde, Herbert and Hindmarsh, while the coalition is ahead in Dunkley and Gilmore.

Coalition strategists believe postal and pre-poll votes will favour the government.

The most likely outcome is a minority coalition government – with 75 seats – that relies on one or two crossbenchers for support.

Prime Minister Malcolm Turnbull has warned a final outcome may not be known until the end of next week.

Both he and Labor leader Bill Shorten are in discussions with the four independents who will make or break each other’s chances of forming government.

The coalition, if it retains power, will also need to deal with 10 crossbenchers in the Senate.

Mr Turnbull promised the new parliament, which could sit in early August, would be resolved “without division or rancour”.