Exit Polls Indicate Australia’s Next Prime Minister is: Tony Abbott (VIDEOS & PHOTOS)

Pre-election surveys that said a Coalition win were confirmed by exit polls which showed that the Opposition - soon to be the administration - could win up to 100 seats. The number all point to the inevitable - that Australia's next prime minister is probably Tony Abbott.

The Australia cited the Sky News/Newspoll exit survey on Saturday afternoon that the Opposition would likely get 97 seats or 25 seats gained, while Labour would only win 51 seats and lose 21.

On a two-party preferred vote, the exit polls based on marginal seats in New South Wales and Queensland was in favour of the Coalition at 53 per cent versus Labor's 47 per cent.

The numbers indicate that Labor's strategy of ousting Julia Gillard and returning Kevin Rudd back to his old post as prime minister reignited voter interest in Labor only weeks after the party spill, but toward the election day, voter preference returned to Mr Abbott.

Who is the man whom Ms Gillard once accused of misogyny?

Australia's most likely next PM is a Rhodes scholar who once trained to be a Catholic priest, which explains his opposition to same-sex marriage. He was a journalist, athlete and became Liberal leader in 2009, ousting Malcolm Turnbull just by one vote.

With his electoral win, Australians could expect that he would repeal the carbon tax law and the mining tax within 100 days of his rule.

He also promised that the budget surplus would be 1 per cent of the GDP and Australians would enjoy fairer taxes, and he would create 2 million more jobs. Other changes expected under an Abbott government would be on the asylum policy and the National Broadband Network.

However, it will be a challenging path for Mr Abbot as he would likely inherit a budget deficit of $30 billion.