SYDNEY - Conservative challenger Tony Abbott declared Australia "under new management" on Saturday after Prime Minister Kevin Rudd conceded election defeat and said he would step down as Labor leader.
Prime Minister-elect Tony Abbott and his wife Margie celebrate with daughters Louise and Bridget (right) in Sydney on Saturday evening. (AFP Photo)
With 88% of the vote counted, the Australian Electoral Commission said the Liberal/National coalition was heading for a landslide win, leading in 89 seats in the 150-seat House of Representatives, to Labor's 56.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.