Australia's opposition party has been left reeling after a bruising defeat in Saturday's federal election, with a result that is shaping up to be its worst ever loss. Peter Dutton, the Liberal party leader, also lost his own seat of Dickson, which he had held for the past 24 years.

Anthony Albanese will lead a majority Labor government in a second term after securing a convincing majority in the federal election.

The Australian prime minister's first term was hampered by the headwinds of global inflation, but his fortunes rebounded by offering stability against the backdrop of Trump's volatile diplomacy.