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The presidential office has congratulated ruling Saenuri Party presidential contender Park Geun-hye on her victory in the 18th presidential election.
Presidential spokesman Park Jeong-ha on Wednesday said he sincerely congratulates Park on her victory together with the people and hopes the citizens’ great choice will lead to national unity and happiness amongst the people.
Acting Prime Minister Wayne Swan says the government is looking forward to working with South Korea's new leader.
Ms Park was mobbed by flag-waving supporters outside her home in the Gangnam district of Seoul as it became clear she had fended off a late surge by Mr Moon. She later thanked her staff before making a brief appearance in front of crowds in central Seoul. Her victory, she said, was a sign that the country's economy would recover.