Premier Lara Giddings a short time ago, graciously conceded defeat, saying she was sorry for Will Hodgman, that his parents Michael and Marion were not alive to see him become premier.
Ms Giddings said she was proud of Labor's 16 year legacy. She expressed sadness for colleague ministers David O'Byrne and Brian Wightman and Braddon MHA Brenton Best who last night were struggling to hold their seats.
``I am proud of our campaign, as I am proud of our legacy over the past 16 years,'' Ms Giddings said.
She said Labor would hold the Liberals to account, saying the role of government was an honour for any party, and which the Liberals must uphold.
``Will Hodgman, do not tear up the forest agreement,'' Ms Giddings pleaded, to raptuous applause from Labor Party faithful at the party's North Hobart private function.
Ms Giddings did not front at the traditional central tally room at Hobart's Wrest point Casino.
She did not give any hints as to what her future with the party may hold.