An emotional Anthony Albanese has delivered his acceptance speech at the Labor party in Sydney.
Mr Albanese was clearly trying to hold back tears as he walked on the stage with his partner Jodie Haydon.
"I say to my fellow Australians, thank you for this extraordinary honour. Tonight the Australian people have voted for change. I am humbled by this victory and I'm honoured to be given the opportunity to serve as the 31st Prime Minister of Australia," he said.
"My Labor team will work every day to bring Australians together. And I will lead a government worthy of the people of Australia.
"A government as courageous and hard working and caring as the Australian people are themselves."
The incoming Prime Minister said Scott Morrison called him earlier to congratulate him on his win and wish him well moving forward.
"Scott very graciously wished me well. And I thanked him for that and I wish him well," he said.
"And I thank him for the service that he has given to our country as Prime Minister."
Mr Albanese also acknowledge Jenny Morrison and Mr Morrison's two daughters for their "contribution and sacrifice".