On 14 September, Turnbull resigned from Cabinet and announced he would challenge Abbott for the leadership of the Liberal Party, and hence as leader of the Liberal-National Coalition and Prime Minister. Turnbull won the leadership ballot of Liberal MPs by 54 votes to 44, and was sworn in as Prime Minister the following day. The Australian Industry Group congratulated Turnbull on his election, describing him as a "world-class advocate well able to restart our stalled national reform agenda".
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