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Final results 'show a resounding victory' for Netanyahu

The final results of the Israeli election show a resounding victory for Prime Minister Benjamin Netanyahu's Likud party, the Associated Press reports.

Isaac Herzog, leader of the leftist Zionist Union party, has now conceded the election to Mr Netanyahu, despite exit polls suggesting the two parties had drawn a similar number of votes.

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Final tally shows Netanyahu just five seats ahead

The final tally in Israel's general election shows Prime Minister Benjamin Netanyahu's right-wing party Likud won by just five seats.

With 99.5 per cent of votes now counted, Likud claimed 29 seats in the election, while the leftist opposition - Zionist Union - won 24 of the 120-seat Knisset.

A coalition of right-wing politicians will now be formed over the coming weeks.

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