The LNP won yesterday's Federal Election, with Warren Entsch (LNP) retaining his seat in Leichhardt.

Mr Entsch won the seat back in 2010, after a short retirement from politics in 2007. In his upbeat concession speech, Kevin Rudd said he will not be re-contesting leadership of the Labor party. MP Bill Shorten is considered his likely replacement.

The national result currently stands as follows:

• LNP 81 seats (89 predicted)
• Labor 51 seats (52 predicted)

Leichhardt results (after 57 of 70 booths counted = 77.9%) as follows:

• Warren Entsch LNP 40,061 55.3% (+0.8%)
• Billy Gordon Labor  32,331  44.7%

There are still at least one million postal votes to be counted, which will start this week. Full details on Monday...

Entsch retains Leichhardt