- Turnbull will hold party room meeting if he receives petition
- Cormann, Cash, Fifield, Hunt, Ciobo, Keenan, Tudge, Taylor quit frontbench
- Turnbull government successfully moves to adjourn parliament
- Scott Morrison and Peter Dutton expected to contest the leadership ballot
Prime Minister Malcolm Turnbull says he will spill the Liberal leadership if he is presented with a petition signed by a majority of members asking him to do so.
Mr Turnbull said it is his intention to hold the party room meeting at midday Friday and will not stand as a candidate in the ballot.
He told reporters it is also important Peter Dutton's eligibility to sit in Parliament is clarified first.
Treasurer Scott Morrison has reportedly entered the contest for the Liberal party leadership as senior ministers line up to quit Mr Turnbull's frontbench.
Mr Morrison emerged as a contender after key ministers Mathias Cormann, Michaelia Cash and Mitch Fifield deserted Mr Turnbull in a move that all but spelled the end of his prime ministership.