Prime Minister Scott Morrison is set to govern with 77 seats in the lower house of parliament after two close-run seats were finalised on Tuesday.
On Tuesday afternoon, Labor MP Susan Templeman claimed victory in her NSW seat of Macquarie and the Australian Electoral Commission declared Liberal candidate Bridget Archer the winner of the Tasmania seat of Bass.
Ms Archer defeated Labor MP Ross Hart, with 50.4 per cent of the two-candidate preferred vote.
Ms Templeman won with just under 50.2 per cent of the two-party vote.
While many seats are still yet to be formally declared, the Liberal-National coalition will govern with 77 seats - up one seat on the 2016 result and three more than it had heading into the May 18 election.
The Labor opposition will have 68 seats, down one, with six MPs sitting on the crossbenches.
With Senate vote counting continuing, the 76-seat upper house to start on July 1 is likely to comprise 35 coalition, 26 Labor, nine Greens, two One Nation, two Centre Alliance, one Australian Conservatives and Jacqui Lambie from Tasmania.
