Abbott wins Australia election

Tony Abbott has said he is looking forward to forming a "trustworthy and "competent" government after his Liberal-National coalition swept to victory in Australia's election. Earlier, Prime Minister Kevin Rudd conceded defeat to his supporters.

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PM-elect Tony Abbott vows to cut foreign aid

Tony Abbott plans to cut foreign aid and abolish a tax on carbon emissions. Credit: REUTERS/Daniel Munoz

Australia's Prime Minister-elect Tony Abbott has vowed to limit foreign aid and curb greenhouse gas reduction measures in a bid to help the country's economy.

The money saved is to be invested in road projects in Sydney, Melbourne and Brisbane.

Opponents and aid groups say the move is short-sighted and goes against Australia's image of global cooperation.

Mr Abbott also plans to visit Indonesia soon to discuss plans for the Australian navy to turn back Indonesian fishing boats carrying asylum seekers hoping to reach Australia.

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Cameron: 'Warmest' congratulations to Australian PM

David Cameron has spoken to and congratulated the new Australian Prime Minister elect, Tony Abbott, Downing Street has said.

The Prime Minister offered his warmest congratulations to Prime Minister-elect Abbott and spoke of the very strong links between the two countries.

Prime Minister-elect Abbott agreed and stressed his full support for the United Kingdom, saying that he very much looked forward the closest possible cooperation during his time in office.

The call lasted a few minutes and both leaders agreed to talk in more detail about policy issues once the initial excitement of winning the election had subsided.

– Downing Street spokesperson

Tony Abbott wins landslide victory in Oz poll

Tony Abbott has told supporters he looks forward to forming a competent government, as his Liberal-National coalition swept to victory in Australia's general election.

"I now look forward to forming a government that is competent, that is trustworthy, and which purposefully and steadfastly and methodically sets about delivering on our commitments to you, the Australian people," he said.

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