Australian federal election

The calls for electronic voting follow a gruelling eight-day vote count, which is yet to deliver a formal result.

The Coalition is on track to win at least 74 seats, and is confident it can win two more, giving it enough seats to govern in its own right.

Mr Shorten this afternoon conceded defeat in a phone call to Mr Shorten, offering to work with Mr Turnbull to find "common ground" and make the parliament work.

"This is a great day today," Mr Turnbull told a press conference in Sydney, after Labor leader Bill Shorten conceded defeat.

"We have resolved this election and have done so peacefully. It's something we should celebrate and not take for granted."

The Coalition is on track to win at least 74 seats, and is confident it can win two more, giving it enough seats to govern in its own right.

Key points:

• Ballots to be cast at more than 7,000 polling places around Australia
• Opinion polls predict tight race between Coalition and Labor
• Mathias Cormann says Government taking "nothing for granted"

Australians will flock to more than 7,000 booths — but about 2.5 million people have already cast their ballots in pre-poll voting.

Both major party leaders started their days in Sydney, with Prime Minister Malcolm Turnbull casting his vote at the Double Bay Public School in his seat of Wentworth.