AUSTRALIA has a new Prime Minister — Malcolm Turnbull, after he ousted Tony Abbott in a partyroom leadership ballot.

Mr Turnbull was elected in a ballot of the Liberal party by 54 to 44 votes.

Julie Bishop was elected as Deputy Leader in a ballot against Kevin Andrews winning 70 votes to 30 after Michael Ronaldson joined the room after the first vote.

See how it all unfolded in our blog below.

Originally published as Turnbull ousts Abbott as new PM