Sky News's video: Scott Morrison concedes defeat in Australian election

Outgoing Australian Prime Minister Scott Morrison has conceded defeat in the country's election, after the opposition Labor Party won power for the first time since 2007. Labor's leader, Anthony Albanese, is to become the new PM after Mr Morrison's Liberal Party failed to win the minimum 76 seats needed for a majority in the 151-seat parliament. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales