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Last updated: 21 May, 2022  

Australia.9.Thmb.jpg Australian PM concedes defeat in federal elections

Australia.9.jpg
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» RBI measures to provide liquidity relief to exporters, ride out near-term pressure
» Piyush Goyal meets world leaders, discusses ways to boost trade and investment
» E-commerce, social media firms must erase inactive user data after 3 years: DPDP Act
» Adani to invest Rs 63,000 crore for two energy projects in Assam, generate thousands of jobs
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IANS | 21 May, 2022
Australian Prime Minister Scott Morrison has conceded defeat in the country's federal elections held on Saturday.

He said in a speech that he has spoken to opposition leader Anthony Albanese and congratulated him on his victory, Xinhua news agency reported.

The Australian Broadcasting Corporation on Saturday projected that Labor will form government for the first time since 2013, with Albanese set to become the country's 31st Prime Minister.

The results mark an end to the coalition's nearly nine-year hold on power and Morrison's tenure as Prime Minister.
 
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