Premier Annastacia Palaszczuk has visited the Governor after winning the Queensland election, with Labor securing at least 47 seats and majority government.
She is the first female Premier in Australia to be returned to office at an election.
Ms Palaszczuk's visit with Governor Paul de Jersey lasted just under 15 minutes.
She will address the media later this afternoon.
This morning Opposition Leader Tim Nicholls called Ms Palaszczuk to concede and wish her well for the future.
He also announced he would stand down from the LNP leadership.
Labor has won at least 47 seats in the expanded 93-seat Parliament. The LNP has at least 37.
A one or two-seat majority gives Ms Palaszczuk some breathing room, after she had to rely on crossbenchers to govern in 2015.
This campaign she repeatedly promised not to form government with crossbench support even if it meant going into opposition.
Queensland's 56th Parliament will have one of the most diverse crossbenches in years.
Cabinet positions will be decided in the next few days, with the full ministry to be sworn in on Tuesday.