Australian Election: Update. Thursday afternoon (Sydney time), 80.6% of the vote counted. According to the Australian Electoral Commission (AEC), who assigned the 150 seats on the basis of who is leading, the seat count is:

• Labor:  70
• Liberal/National:  72
• Independent (Wilkie, McGowan): 2
• Greens:  1
• Katter:  1
• Xenophons:  1
• Not yet determined:  3

The ABC is calling it 70 to the L/NP, 67 to Labor, 5 to others, and 8 in doubt, of which they predict Labor will win 4 and the L/NP 4 — suggesting Liberal 74 and Labor 71. The remainder probably lean 4 to 1 to 3 to 2 to Labor. Their commentary on what next happens is here.

Still waiting for counting to determine the outcome.