Australia’s ruling conservative coalition defied polls and scored a stunning political victory in the country’s general election on Saturday, with the main opposition party officially conceding the defeat.

Opposition leader Bill Shorten called Prime Minister Scott Morrison to congratulate him on the election victory. He told Labor party supporters that his party didn’t win enough seats to form a coalition government.

"I know that you're all hurting, and I am too. And without wanting to hold out any false hope, while there are still millions of votes to count ... it is obvious that Labor will not be able to form the next government,” he said. “In the national interest, a short while ago, I called Scott Morrison to congratulate him.”

BOB HAWKE, BELOVED EX-AUSTRALIAN PRIME MINISTER, WORLD RECORD-HOLDING DRINKER, DIES AGE 89

Morrison used his victory speech to thank “quiet Australians” who led the coalition to the stunning political victory.

“It's Australians who have worked hard, started a business, started a family, bought a home,” he said. “These are the quiet Australians who have won a great victory tonight.”

“It's Australians who have worked hard, started a business, started a family, bought a home. These are the quiet Australians who have won a great victory tonight.” — Prime Minister Scott Morrison

FACTS AND FIGURES IN AUSTRALIAN ELECTIONS ON SATURDAY

The conservative Liberal-National Party coalition is reportedly on course to win 74 seats in the 151-seat lower parliamentary house, with 65 seats to Labor and 12 undecided.

But there was at least one casualty on the conservative side. Former prime minister Tony Abbot conceded defeat in the Sydney seat he has held since 1994.

He lost to the independent candidate and Olympian Zali Steggall amid his opposition to the climate change action, a cause many of his voters cared about.

Abbot tried to put a positive spin on his loss, telling his supporters: “I want to say to you: there is good news and bad news. There is every chance that the Liberal-National Coalition has won the election.”

“This – this is a really extraordinary result. It is a stupendous result. It is a great result for Scott Morrison and the rest of the wider Liberal team, and Scott Morrison will now, quite rightly, enter the Liberal pantheon forever,” he added.

“So it’s disappointing for us in Warringah. I can’t say it doesn’t hurt to lose. But I would rather be a loser than a quitter.”

“I can’t say it doesn’t hurt to lose. But I would rather be a loser than a quitter.” — Tony Abbott

The win defies pre-election opinion polls that suggested the conservative coalition would lose the election, with Morrison having one of the shortest tenures as prime minister in the 118-year history of Australia.

Australian online bookmaker Sportsbet even paid out 1.3 million Australian dollars ($900,000) to bettors who backed Labor two days before the election.

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The coalition is set to form a government for a third term despite the suffering from internal turmoil that culminated in the ouster of Malcolm Turnbull as prime minister for Morrison last August. The government then also lost two seats and its single-seat majority.

The Associated press contributed to this report.