Peter Costello has made the shock announcement that he ''would not seek nor accept'' a nomination to be the new opposition leader.
Instead, Mr Costello said today he wanted to build a post-political career in the commercial world.
Australia's longest serving treasurer, who had long wanted to be prime minister, told a news conference in Melbourne he would stay on in parliament and then move on.
SMH
Well, he did want to be PM, not leader of the opposition.
'I do believe it's time for the young people of talent and ability to be given their go in the Liberal party," he said
A nod to Turnbull perhaps? He's only been there for three years, but they do need some fresh eyes. Dear god, don't let it be Abbott or Downer. I can't imagine it would be Julie Bishop. She's a woman and I don't think the old guard would stand for that.
Of course, to put on my bitchy hat (what?) "young people of talent and ability" - does that mean he concedes that Howard was not young (duh) had no talent (obvs) and his ability was purely based on ruling with an iron fist? Hmmm.
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