Watch ABC's live coverage here. It looks like a hung parliament.
Australia Votes - 2010 Federal Election - ABC (Australian Broadcasting Corporation)
If that undercover Catholic Priest becomes the new PM, then I don't know what's gonna happen to the children. Bush had his No Child Left Behind policy, well Australia is gonna have a No Child's Behind Left policy.
Whichever minority government gets in its looks like a mighty task to accomodate the fairly disparate objectives of the Independents not to mention getting their support when broader interest legislation needs to be passed. It may not be the best thing for the economy to have it run by committee.
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