Tony Abbott has won the Liberal Leadership spill and is the new leader of the opposition.
Malcolm Turnbull, Tony Abbott and Joe Hockey contested the ballot after the leadership spill was approved by a margin of 48 to 34. Joe Hockey was eliminated in the first round, and then Tony Abbott defeated Malcolm Turnbull by one vote, 42 to 41, according to the party whip at a press conference moments ago.
Julie Bishop remains as deputy leader.
Tony Abbott is expected to hold a press conference at 10:45.
Samuel