[1] Although counting was still underway on election night, most media outlets projected that due to severe losses by Morrison's Liberal/National Coalition, Labor was the only party that could realistically form even a minority government.

Soon afterward, in accordance with longstanding Australian constitutional practice, he advised the Governor-General, David Hurley, that he was no longer in a position to govern.

However, with the Quadrilateral Security Dialogue due to be held on 24 May 2022, Albanese advised Hurley that he could form a government.

Hurley then swore in Albanese and four senior Labor frontbenchers as an interim five-person ministry on 23 May, two days after the election.

[2][3] According to the Australian Financial Review, Albanese had secured enough support from crossbenchers to be able to govern in the event Labor fell short of a majority.

[4] On 30 May 2022, Australian media outlets projected that Labor had won enough seats in the House of Representatives to become a majority government.

[5] After the swearing-in of the interim arrangement, during his first press conference as prime minister, Albanese announced that his first full ministry would be sworn in on 1 June 2022.

Malarndirri McCarthy and Jenny McAllister were selected unopposed by their Labor Left faction to replace Burney and O'Connor as ministers.

[15][13][16] As Labor frontbenchers Kristina Keneally and Terri Butler lost their seats in the election, Clare O'Neil and Murray Watt were chosen by Albanese as replacements in cabinet while the caucus chose Anne Aly, Anika Wells and Kristy McBain to replace them as ministers.