Chris Bowen has announced he will not contest the Labor leadership after a number of senior Labor ministers publicly declared their support for Anthony Albanese.
Labor's treasury spokesman Chris Bowen has announced he will withdraw his leadership bid, clearing the way for Anthony Albanese, who has the support of a number of senior ministers, to step into the top job.
Mr Bowen's announcement comes a day after he officially announced his candidacy, claiming he could "best serve the party as leader".
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