This is reported by TASS with reference to the office of the Governor-General of the country.

"I will diligently and honestly serve the Commonwealth of Australia, its land and people in the office of Prime Minister," Albanese said.

Four ministers of the new cabinet were also sworn in.

Earlier, the leader of the Liberal Party of Australia, Scott Morrison, admitted his defeat in the parliamentary elections and congratulated Anthony Albanese on his victory.

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