Mr Albanese announced the diagnosis tonight, which will likely throw his election campaign into turmoil.
He says he plans to continue campaigning whilst isolating at home.
“Following a routine PCR test this afternoon ahead of interstate travel to Western Australia, I have returned a positive result for COVID this evening,” Mr Albanese said in a statement.
“I have been testing regularly as part of my election campaign duties.
“I will be isolating at home in Sydney for the next 7 days and will continue to follow health guidelines and advice.
“While at home I will continue my responsibilities as alternative Prime Minister and will be fighting for a better future for all Australians.
“I am grateful to know that I will have access to the world’s best health care if I need it, because of Medicare.
“I am feeling fine so far — and thank everyone for their well wishes.”
