"I think we are going to get over the line right across Australia tonight," he told the Seven Network.
He said it was the worst result for Labor since 1910, and the result was also a "catastrophe" for the Greens.
"Australia has emphatically rejected minority government, and Australia has supported a strong, stable alternative coalition government, led by an outstanding leader in Tony Abbott," Mr Hockey told supporters.
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He said "it's not my place to be in the business of claiming victory" but went on to say what Australia could expect from a strong coalition government.
"I want to say to you, this is the worst result in the history of the Labor party since 1910, with 34 per cent primary vote.
"It is a terrible result."
He said Mr Abbott was going to be a strong leader for Australia.
"The facts are Tony Abbott has been a formidable leader in the opposition and he has lead a formidable opposition team," Mr Hockey said.
"But if we win tonight, our duty to the nation is to be a formidable government led by a formidable prime minister.
"We will deliver a strong economy, and we will get rid of the carbon tax, the mining tax, we will stop the boats."
