The Labor Party may have gained a new leader in Kevin Rudd overnight, but it has lost a number of significant senior Labor figures who are preparing to follow Julia Gillard out of the spotlight.
Who will stay and who will go? Here's what we know so far:
Kevin Rudd will become the nation's new Prime Minister, and lead the Labor Party to an election. Anthony Albanese was announced as his deputy.
This morning, the Governor General confirmed one-time Immigration Minister Chris Bowen will become Treasurer.
News that makes sense
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Julia Gillard made a fierce call yesterday that the loser of the leadership ballot should retire from politics, so if she stays true to her pledge this could mark the end of her political career. Ms Gillard said in her concession speech last night that she will not contest the 2013 federal election.
Former Deputy leader Wayne Swan has previously made it clear he will not work as a minister under Kevin Rudd again, but he will recontest his seat of Lilley.
The office of Communications Minister Stephen Conroy announced he had resigned from his position last night. "Keep supporting Labor and the NBN," the statement said.
Climate Change Minister Greg Combet will be stepping down from his position, saying he "believed it was appropriate" given his long-standing support of Julia Gillard.
Minister for School Education Peter Garrett has also indicated he won't be contesting his seat at the next election, sparking immediate rumours on Twitter that a Midnight Oil reunion could be on the cards.
MP Craig Emerson praised Julia Gillard as he, too, announced he will be departing federal politics. Agriculture Minister Joe Ludwig said he has "decided not to serve" under Kevin Rudd's leadership.
Penny Wong, traditionally a Gillard loyalist, will stay on under Kevin Rudd and was last night elected leader of the Senate. She called her decision to stay on "the most difficult decision of my political life".
Jacinta Collins will be Penny Wong's deputy in the Senate.
Another Gillard supporter and fierce critic of Kevin Rudd, Gary Gray, has agreed to stay on and serve in a new cabinet.
This morning, Gillard supporter Don Farrell confirmed to SBS that he has been asked to stay on in the ministry.
Science Minister, and strong Gillard supporter, Don Farrell confirms to @SBSNews that new PM Rudd has asked him to stay on in ministry. — Shalailah Medhora (@shalailah) June 27, 2013

