Quotes from Morrison, Albanese, and Frydenberg were given regarding the election results. Morrison congratulated Albanese on his victory and announced his resignation as party leader. Albanese emphasized the importance of unity in the nation. Frydenberg acknowledged the challenges in winning in Kooyong and the possibility of being voted out of parliament. Albanese, the incoming prime minister, is a pragmatic leader who aims to end divisions in the country. The Parliament consists of the House of Representatives, which has 151 seats. A majority of 76 seats is needed to form the government. With 55% of the vote counted, Labor had 72 seats, the coalition 52, and independents and the Greens held 11 seats, according to the Australian Broadcasting Corp. There are 16 seats that are still undecided. In the Senate, there are 76 seats with 12 for each of the six states and two each for two territories. There are 40 seats up for election, with six from each state and the four territory seats. Economic challenges await the winner, including high inflation rates, rising interest rates after more than a decade, and looming budget deficits due to pandemic spending. However, unemployment is at its lowest in almost 50 years and global prices for Australian commodities are high. When it comes to climate change, the major parties face a difficult path as people want action but are hesitant to bear the costs. Additionally, retail power prices are a factor in an election where the cost of living is a central issue. Foreign policy unexpectedly became a focal point during the election as Morrison emphasized his national security expertise and criticized Labor's capabilities, only to have his credibility undermined by the Solomon Islands signing a security agreement with China. Morrison acknowledged his need to change his governing approach, admitting to being too forceful, while Albanese has presented a different option rooted in his working-class background and practical approach.