That's the end of our live coverage

That's where we'll leave our live coverage of federal politics today. Thanks for joining us!

You can look back on today's developments below, or download the ABC News app and subscribe to our range of news alerts for the latest updates.

Have a great afternoon! We'll see you again tomorrow for another day in federal politics.

Chinese ambassador blasts Darwin Port lease plan as 'ethically questionable'

China's ambassador to Australia has fired a warning shot to the Albanese government over its plans to take back the port of Darwin, describing the move as "ethically questionable".

The strategically important northern Australian port has been a hotly debated national security issue since it was leased to Chinese firm Landbridge by the NT government for 99-years in 2015.

During this year's federal election campaign, both Labor and the Coalition made duelling pledges to get the port "back into Australian hands".

Read the full story from Matt Garrick and Oliver Chaseling below.

How Labor pulled off a landslide no-one saw coming

If you've got a few moments, grab a cup of tea and take a read of my colleague Maani Truu's deep dive into how Labor pulled off its election victory.

She takes a look at how the party clawed its way from an uninspiring showing in the polls to a historic victory so unbelievable even the party's most faithful servants couldn't have imagined it.

Take a read of the story below.

NSW to see largest power price rises as default rates revealed

Energy prices could lift anywhere from 0.5 per cent to 9.7 per cent in different parts of the national electricity grid, in figures released on Monday.

The Australian Energy Regulator (AER) released a default market offer — essentially a price safety net — which limits what retailers can charge customers in New South Wales, South-East Queensland and South Australia.

The prices are meant to protect customers who don't shop around, as well as provide consistency so that people can compare alternative retailers.

Read more from business reporter Daniel Ziffer and business editor Michael Janda.

Liberal Party insiders at odds over what went wrong and what they stand for

The Liberal party room is deeply divided over its future direction, with a profound schism emerging between those who want the party to move to the "sensible centre" — as articulated by new leader Sussan Ley — and others who believe moderates are hijacking the devastating election loss to suit their agenda.

Four Corners has spoken to senior frontbenchers and key Liberal figures who believe the campaign was botched by campaign headquarters, with one frontbencher calling for heads to roll over the stuff ups.

Read the full story below from Patricia Karvelas.

Liberal senator takes swipe at Angus Taylor

Earlier this morning, Liberal senator Hollie Hughes took quite the dig at her colleague Angus Taylor.

On Sky News, Hughes was debating tax reform and the government's plan to increase the tax on superannuation balances above $3 million with Labor's Matt Thistlethwaite.

Thistlethwaite called on her to propose a tax policy.

"Mate, I'm on the way out," she says.

"Maybe that's why we need a new shadow treasurer, so we do have some."

It's not her first criticism of Taylor. In the days after the election, she blasted him for having "zero economic policy" and questioned what he'd been doing for the past three years in the role.

She's also suggested he had a role in her losing pre-selection for the senate.

Shadow cabinet roles are expected to be announced within days, pending a Coalition agreement with the Nationals.

In pictures: Prime Minister Anthony Albanese chairs cabinet meeting

Prime Minister Anthony Albanese is chairing his first meeting of cabinet since being re-elected.

The last cabinet table meeting following the Labor frontbench reshuffle included outer ministry.

Albanese outlined some of the issues on today's cabinet agenda, including the floods in NSW and drought in southern Australia.

Zoe Daniel says recount in Goldstein is appropriate after 'corrections' were found

Independent MP Zoe Daniel has just released a statement on the recount in her seat of Goldstein.

Daniel says it was reasonable for the Australian Electoral Commission to conduct a recount given the "corrections" picked up at the final stages of distribution. 

"Once again, I'd like to thank my scrutineers and AEC staff for their diligence and dedication to the democratic process," she says.

"I will be making no further comment until the process is complete."

🗳️ Labor retains Melbourne seat of Calwell

Labor has retained the northern Melbourne seat of Calwell

A strong flow of preferences to Labor on the exclusion of the Greens candidate leaves independent Carly Moore needing and improbable 90 per cent of Liberal preferences to win.

Labor candidate Basem Abdo succeeds retiring Labor member Maria Vamvakinou.

Calwell brings Labor's seat count in the House of Representatives to 94.

🗳️ Goldstein to undergo partial recount at request of independent Zoe Daniel

The seat of Goldstein will go to a partial recount following a request from independent MP Zoe Daniel.

At the end of the distribution of preferences, Liberal candidate Tim Wilson led Daniel by 260 votes.

Daniel requested a full re-count which the Australian Electoral Commission has partly agreed to, according to ABC chief elections analyst Antony Green.

This means there will be recount of first preference votes for Wilson and Daniel, as well as a recount of all informal votes.

"The AEC is satisfied that all votes for other candidates have been re-checked and verified with a 'high degree of rigour throughout the distribution of preferences process' and will not be counted again," Green says.