The global turmoil wreaked by President Trump’s policies made him a factor in the election, bolstering the re-election of Prime Minister Anthony Albanese.

Supporters at Labor’s election party in Sydney cheered and hugged each other as Albanese claimed victory and said his party would form a majority government.

The Australian prime minister's first term was hampered by the headwinds of global inflation, but his fortunes rebounded by offering stability against the backdrop of Trump's volatile diplomacy.