CANBERRA - Australian Prime Minister (PM) Anthony Albanese said his ministers would be sworn in next Tuesday following his Labor Party's landslide federal election victory.

Albanese told Australian Broadcasting Corporation television on Wednesday night that he would spend the weekend making decisions on the composition of his cabinet and ministry in the 48th parliament.

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The Labor Caucus, which comprises all the party's elected members of the parliament, is set to meet in Canberra on Friday to vote on the membership of the ministry after which Albanese will allocate portfolios.

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As of Thursday, the ABC had declared Labor the winner of 89 of the 150 seats in the lower house of the 48th parliament where the government will be formed.

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It said that Labor candidates were leading the vote count in four of the 11 seats still in doubt. Labor has never held more than 90 seats in the lower house and no party has ever won more than 94.

Labor is also expected to hold between 27 and 30 of the 76 seats in the Senate, the upper house of parliament.