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© Reuters. FILE PHOTO: Australian Prime Minister Scott Morrison attends the third leaders' debate at the Seven Network Studios during the 2022 federal election campaign, in Sydney, Australia May 11, 2022. Mick Tsikas/Pool via REUTERS
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SYDNEY (Reuters) - Australian Prime Minister Scott Morrison said he had conceded defeat in a national election on Saturday, saying that while vote counting was incomplete the opposition Labor party looked likely to form a government.
"Tonight I have spoken to the Leader of the Opposition and the incoming Prime Minister, Anthony Albanese, and I've congratulated him on his election victory this evening," Morrison said at a televised speech in Sydney.
Morrison added that he would stand down as leader of the Liberal party.
The capitulation ends eight years and nine months in power for Morrison's conservative coalition. Morrison became prime minister in 2018 after several leadership changes.
By Leika Kihara TOKYO (Reuters) -Many Bank of Japan (BOJ) policymakers saw stronger wage growth as key to sustaining the bank's 2% inflation goal, according to a summary of...
LONDON (Reuters) - British Prime Minister Boris Johnson's government will press ahead on Monday with legislation to scrap rules on post-Brexit trade with Northern Ireland, setting...
SCHLOSS ELMAU, Germany (Reuters) -British Prime Minister Boris Johnson said on Sunday it was reasonable to consider ways of protecting British steelmakers against surging energy...
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