Liberal leadership: Malcolm Turnbull takes charge after defeating Tony Abbott in ballot

Okay, time to wrap up for the day. What happened?

• Malcolm Turnbull has been sworn in as Australia's 29th Prime Minister;
• former prime minister Tony Abbott bowed out promising not to undermine Mr Turnbull's leadership;
• Mr Turnbull says the new ministry will be announced later this week or early next week;
• Mr Turnbull has given control of water policy to the National Party as part of a new Coalition agreement; and
• the opposition criticised Mr Turnbull in question time for selling out his principles to get the prime ministership.

An especially big thanks to Andrew Meares and Alex Ellinghausen who produced their usual fine work and to you for reading and commenting as we go through yet more political craziness.

Alex, Andrew and I will be back in the morning.

In the meantime you can follow me on Facebook.

Good night.

Could someone please sort out a play date for Jack and Prince George?

Malcolm Turnbull is sworn in as the 29th Prime Minister of Australia in Canberra on Tuesday.Credit: Andrew Meares

Jack and Mr Turnbull eye each other off across the room.

Malcolm Turnbull is sworn in as the 29th Prime Minister of Australia in Canberra on Tuesday.Credit: Andrew Meares

Tony Wright reports that Mr Abbott did not go to Government House to resign in person.

He did it with a note.

Malcolm Turnbull kisses his grandson, Jack, moments before he was sworn in as Prime Minister at Government House on Tuesday.Credit: Andrew Meares

Environment Minister Greg Hunt, Prime Minister Malcolm Turnbull and Agriculture Minister Barnaby Joyce during question time on Tuesday.Credit: Alex Ellinghausen

Political correspondent James Massola looks at the deal struck between the Liberal and National parties.

It includes more money for stay at home parents with children under the age of one and handing over responsibility for water policy to Agriculture Minister Barnaby Joyce.

Mr Pyne says he believes the Liberal Party behaved in a more "gracious" manner than the Labor Party did when it replaced leaders.

He says he thinks Mr Abbott faced a "feral press".

Prime Minister Malcolm Turnbull and Foreign Affairs Minister Julie Bishop during question time on Tuesday.Credit: Alex Ellinghausen

Mr Pyne: "I'm a very close, personal friend of Tony Abbott's and loyally served him for the entire period of his leadership."

"Even when times weren't great I was putting my best foot forward," Mr Pyne continues.

Mr Pyne says he is happy to serve Mr Turnbull.

Education Minister Christopher Pyne is appearing on Sky News where he says he will keep "schtum" on how he voted in the ballot.

"I'm a bit too senior to talk about how I vote in ballots," Mr Pyne says (as only he can).

There has been some hanky panky in the Senate.

National Party senators have just crossed the floor to support a Greens motion calling on the government to bring forward changes to competition laws that would introduce an effects test with the purpose of giving farmers and small business owners better protection from big business.

The National Party has put out a press release confirming its support for the traditional Coalition arrangements.