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Currency Analyst since 2010

Australia: leadership issues

Australia’s Prime Minister Julia Gillard has called for leadership ballot today. The vote will take place at 09:00 GMT. Gillard says that she will retire from politics in case of defeat.

Gillard’s main opponent is the former Labor leader Kevin Rudd. Rudd’s supports started gathering signatures on a petition to force a vote on Gillard’s leadership, so she decided to act first.

If there is a change of leadership a number of options would then arise, including the possibility of an early election or the government changing hands to the opposition Liberal-National coalition.

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