Australia's Prime Minister Kevin Rudd has conceded defeat to the conservative opposition in national election.
He said: "As your PM and as your parliamentary leader of the great Australian Labor Party I accept responsibility. I gave it my all but it was not enough for us to win."
Tony Abbott is looking forward to forming a "trustworthy" government after his Liberal-National coalition won Australia's election.
It looks like British-born opposition leader Tony Abbott has overtaken PM Kevin Rudd in the polls with the election just two days away.