FIRST AIRED: July 10, 2016

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>> Finally, a result in what's been a marathon nine week election. Australia's opposition labor leader, Bill Shorten, conceding defeat.>> Whether or not it's a minority government, or a majority government of one or two seats, it is clear they will form a government.>> As vote counting powers through to its eighth day, the center right wing coalition is expected to win at least two of the five seats still in doubt.
Giving Prime Minster, Malcolm Turnbull, the support needed to retain power.>> Earlier today, Bill Shorten called me and congratulated me on being reelected as Prime Minister. And I thank Bill for that call.>> But victory may be bittersweet. Turnbull's call for early elections has backfired, with such a narrow margin of victory over labor, Turnbull is likely to be forced to rely on the independents to pass legislation.
That will put his leadership under pressure both in and outside his party, raising question about how long his newly reelected government can last.