Friends and colleagues of Pope Leo the 14th say he "cares deeply" about the poor and could "build bridges" within the Catholic Church.

The conclave elected 69-year-old American-Peruvian cardinal Robert Prevost to be the next pontiff after two days of deliberations.

Also, we've seen former Labor Prime Minister Paul Keating weigh in on the Albanese Government's yet to be unveiled front bench.

And who will lead the Greens now that Adam Bandt has lost his seat? 

Recap the morning's news, politics and global affairs with the Breakfast Wrap