Australia to get new PM as Abbott loses out to rival Turnbull

September 14, 2015 11:58 AM

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CANBERRA Australia will get its fifth prime minister in eight years after the ruling Liberal Party on Monday voted out Tony Abbott in favor of longtime rival Malcolm Turnbull following months of speculation and crumbling support from voters.

Turnbull, a multi-millionaire former banker and tech entrepreneur, won a secret party room vote by 54 to 44, Liberal Party whip Scott Buchholz told reporters after the meeting in Canberra.

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