Political chaos has taken hold in Australia after the Liberal Party lost Wentworth's former headquarters of former Prime Minister Malcolm Turnbull.
The Coalition government no longer has a majority in the House of Representatives, which could weaken the protection of the border and discourage companies from hiring new staff.
Kerryn Phelps, the elected member of Wentworth in the eastern suburbs of Sydney, is already pressing for the recovery of asylum seekers on the high seas after his election victory over the weekend.
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Political chaos has taken over Australia after the Liberal Party lost (in the photo) the former Wentworth headquarters of former Prime Minister Malcolm Turnbull
Kerryn Phelps (pictured), the elected member of Wentworth in East Sydney, is already pushing to reduce offshore processing of asylum seekers after his victory in the by-election
The high-profile independent candidate secured a 19 percent swing against the Liberal Party, in Australia's richest electorate, after campaigning for the children's withdrawal from detention in Nauru.
Dr. Phelps, a doctor from Double Bay, took credit Monday night for 11 children who were transferred to Australia for medical treatment from the remote Pacific island.
"There are 11 children who have been rescued from appalling circumstances," he told ABC's question and answer program after winning 51 percent of the votes after the preferences.
"I think we can thank the voters of Wentworth for that."
Prime Minister Scott Morrison, who on Tuesday said he would not soften his stance on border protection, contradicts Kerryn Phelps
His pledge in the election to remove children from Nauru has already shaken Prime Minister Scott Morrison, who on Tuesday said he would not soften his stance on protecting the border.
"You can not take the children out of Nauru by putting more children in Nauru through weaker border protection policies," he told reporters in Canberra on Tuesday.
The specter of the first federal parliament hanging from Australia since 2013 has already shaken consumer confidence, which means that Australians could delay spending.
The ANZ-Roy Morgan consumer confidence index this week showed a six percent drop, the biggest drop since May 2012, when Julia Gillard led a minority Labor government.
Dr. Phelps took political credit for 11 children who were flown to Australia to receive medical treatment from Nauru (pictured is an intercepted asylum boat in the far north of Queensland)
CommSec senior economist Ryan Felsman said a hung parliament could discourage companies from hiring new staff.
"Political uncertainty is the biggest threat to businesses and consumer confidence," he said.
"While Australians are becoming increasingly accustomed to hanging parliaments, one concern is that companies will stop investing and hiring, and consumers will withdraw their expenses in the run-up to the federal election, which will take place before 18 May 2019. "
Prime Minister Scott Morrison will have to negotiate with six parliamentarians, once Dr. Phelps takes office as a new member of Wentworth, to pass legislation through the lower house.
You must also gain favor with them if the Labor Opposition moves a motion of no confidence against your government.
Rebel legislator Bob Katter, from the far north of Queensland, wants the gun laws introduced in 1996 after the Port Arthur massacre in Tasmania to be unleashed.
"You not only have a threat from the outside, but you have a threat from within," he told ABC's Four Corners.
& # 39; They can have a majority in the next 25 years & # 39;
During the last parliament hung, between 2010 and 2013, former Prime Minister of Labor, Julia Gillard, offered funds for improvements in the hospital and connections to the National Broadband Network to please independent parliamentarians Rob Oakeshott, Tony Windsor and Andrew Wilkie
The loss of Wentworth, which the conservative side of politics had maintained since 1901, means that the government has 74 seats in the 150-member House of Representatives.
This excludes speaker Tony Smith, a liberal deputy, who has no vote unless there is a tie.