Supporters at Labor’s election party in Sydney cheered and hugged each other as Albanese claimed victory and said his party would form a majority government.

Australia's Anthony Albanese, who claimed a historic second term as prime minister on Saturday, is a pragmatic leader who revived his campaign by offering stability against the backdrop of U.S. President Donald Trump's volatile diplomacy.

Donald Trump loomed large over the election, with comparisons drawn between the US president and defeated opposition leader Peter Dutton.