Josh Frydenberg has been appointed Treasurer while Petter Dutton and Julie Bishop will hold on to their current senior portfolios in a new-look Morrison Government.
But Tony Abbott looks set to remain in political wilderness on the back bench after being blamed for orchestrating the political coup against Malcolm Turnbull.
New Prime Minister Scott Morrison has begun announcing his new cabinet, with the full ministry expected to be revealed over the weekend.
Prime Minister Scott Morrison has already begun announcing his new cabinet and is expected to reveal the remaining frontbencher names by the end of the weekend
Mr Morrison said he wants to reshape the cabinet on merit and is looking to build a ‘new generation of Liberal leadership’ with a focus on promoting talented women.
Mr Morrison remained loyal to Mr Turnbull to the end and it’s expected he will take into account those responsible for the spill when deciding on his new cabinet.
‘I will be considering the formation of the ministry and the cabinet over the course of the weekend,’ he told The Daily Telegraph.
‘What the party voted for was that stable choice, moving to a new generation, and that means that we’ll have continuity, but there will be points of emphasis and direction that we’ll be consulting with our cabinet on.”
The newly-appointed PM received a congratulatory message of support from US President Donald Trump.
‘We enjoyed a very close and positive relationship with former prime minister Malcolm Turnbull, and we are confident that close working relationship under Prime Minister Morrison will continue,” a State Department official told AAP.
Josh Frydenberg (left) and Julie Bishop (right) have secured places in Mr Morrison’s new cabinet
Mr Frydenberg, the member for Kooyong in Victoria, previously served as Energy Minister and had the unenviable task of overseeing the controversial National Energy Guarantee which put Mr Turnbull on the outer with party colleagues.
Mr Frydenberg won the role of deputy leader of the liberal party, replacing Ms Bishop, after he received an overwhelming ‘absolute majority’ vote.
Ms Bishop is expected to be given the option to remain as a senior minster – most likely as Foreign Minister, where Mr Morrison said she had been a ‘rock star’.
‘She has been an amazing contributor and driver of foreign policy, and an advocate for Liberal values from one end of this country to the other and one end of this world to the other,’ Mr Morrison said.
Peter Dutton (left) and Mathias Cormann will be given the opportunity to continue in their roles
Mr Morrison said he would be talking to Ms Bishop to determine what role she would like to play in the government moving forward.
There are reports Ms Bishop is considering taking a step back from the frontbench ahead of retiring at the next election.
Mr Dutton is expected to remain in his role as Home Affairs Minister – despite playing a key role in the ousting of Mr Turnbull.
Alan Tudge (left) and Angus Taylor (right) are expected to assist the PM in rebuilding the Australian public’s confidence in the Liberal Party
Likewise, it’s likely that Mr Morrison will give Mathias Cormann the opportunity to remain in his role as Finance Minister.
A key focus for the newly-appointed PM will be to rebuild the Australian public’s lost confidence in the Liberal party ahead of the next Federal election.
Among those expected to assist the PM are Minister for Citizenship and Multicultural Affairs, Alan Tudge, and Angus Taylor.
It’s unlikely Tony Abbott will be given a role in Mr Morrison’s new cabinet and some ministers have even called for the former PM to quit politics altogether
Another newbie on Mr Morrison’s radar is Kelly O’Dwyer, who served as Revenue and Financial Services Minister but is expected to be given another role.
Current Assistant Minister for Home Affairs Alex Hawke is also expected to be given a more senior job in the ministry under Scott Morrison.
Other fresh faces Mr Morrison will be considering for promotion include David Coleman, Paul Fletcher, Sarah Henderson and Karen Andrews.
Mr Abbott is unlikely to be given a role in Mr Morrison’s new cabinet and some ministers have even called for the former PM to quit politics altogether.
‘I think his mission is accomplished, he has got rid of his nemsis,’ Liberal MP Warren Entsch told The Daily Telegraph.
Among those candidates who could be backbenched are Michaelia Cash and Michael Sukkar, as well as Minister for Defence Industry, Christopher Pyne, who may be given a different ministry or dumped altogether.