Barnaby Joyce has been elected as the leader of the Nationals in a party room meeting in Canberra, following Warren Truss' decision to retire.
Fiona Nash has been elected as deputy.
Senator Nash is the first woman to be elected to a senior leadership position in the Nationals.
Mr Joyce was not contested for the leadership.
Mr Joyce described his election to the leadership as "an awesome responsibility".
Senator Nash said she was humbled to have been chosen as deputy.
"It's an exciting time to be in regional Australia," she said.
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