Julie Bishop stepped aside as shadow treasurer today and moved to foreign affairs.

She moved after losing the confidence of her colleagues in the treasury role. Joe Hockey has been confirmed as her successor in the treasury role.

Standing down ... Julie Bishop talks to the press this morning. Credit:Chalpat Sonti

Announcing the reshuffle of the shadow ministry, Opposition Leader Malcolm Turnbull said that Ms Bishop would take on foreign affairs from Senator Helen Coonan who would take over the finance portfolio.



Education spokesman Chris Pyne will take over the tactically important role of manager of opposition business in the House of Representatives from Mr Hockey.

