Outgoing Australian PM 'very likely' to lose seat

Australia’s outgoing Prime Minister John Howard said it is “very likely” he will lose his seat in Parliament, minutes after he conceded defeat in the national election.

As Labour Party leader Kevin Rudd swept to victory in the prime ministerial race, results showed Howard at risk of losing his home electorate of Bennelong to rival candidate Maxine McKew, a charismatic former television journalist recruited to oust the 68-year-old Howard.