In an early meeting on Thursday morning that lasted less than 10 minutes, Mr Morrison asked Sir Peter Cosgrove to dissolve federal parliament, paving the way for Australians to go to the polls.

The Prime Minister left Government House and officially declared the election in a press conference.

He and Opposition Leader Bill Shorten have been traversing the country over the past week, pitching their economic plans after the budget was delivered.

The Prime Minister released a video on Wednesday night entitled My Vision for Australia in which he says "the next 10 years is going to determine people's lives".

Featuring his two young daughters and wife in the video, Mr Morrison promotes the government's policies on hospitals, education and the economy, saying it took the coalition a long time to "get the country back on track".

Hunter MP Joel Fitzgibbon will lead the charge for Labor in his electorate but faces a new challenge from One Nation, who recently named Singleton miner Stuart Bonds as its representative.

The Shadow Minister for Agriculture has held the seat for more than two decades.