Kevin Rudd has reportedly won the ballot for the Labor leadership, three years after he lost it. Source: News Limited
KEVIN Rudd has become Australia's new Prime Minister after winning the Labor leadership ballot, three years after he lost it to Julia Gillard.
He won the ballot 57- 45 votes and it is understood he will call an August election.
Treasurer and Deputy Leader Wayne Swan quit and Anthony Albanese was elected in his place.
LABOR LEADERSHIP DECISION - LIVE UPDATES HERE
Craig Emerson, Joe Ludwig and Communications Minister Stephen Conroy have quit. Penny Wong has been elected as the new Labor leader in the Senate, a position previously held by Mr Conroy with Jacinta Collins as deputy. Dr Emerson also said he will not contest the next election.
Climate Change Minister Greg Combet has resigned.
Returning Officer Chris Hayes said the meeting was quite sombre but people were glad the issue was resolved.
The Governor-General is tonight seeking high-level advice before confirming Kevin Rudd as Prime Minister for the second time.
News Limited has learned that Quentin Bryce was waiting to meet with the Acting Solicitor-General to discuss the constitutional impact of the leadership change before agreeing to commission Mr Rudd.
It is understood Ms Gillard is scheduled to travel the short distance to Government House to resign her office at prime minister.
But Ms Bryce will examine the resignation letter before seeking legal advice. Once satisfied she is expected to invite Mr Rudd to form government.
Earlier Mr Rudd defended challenging Ms Gillard after days of rumours and speculation.
"For the nation's sake it is time for this matter to be resolved," he said.
"We are on course for a catastrophic defeat unless there is change," he added.
He said the truth was "many, many MPs" had requested him to return to the leadership, including ministers.
Julia Gillard pictured heading into the special caucus meeting. Picture: Andrew Tauber
It comes after Prime Minister Julia Gillard called the ballot after a day of drama that saw two independents announce they wouldn't contest the 2013 election and Bob Katter swung his support behind Kevin Rudd.
"All of these issues need to be resolved tonight," Ms Gillard said.
"We cannot have the Government or the Labor Party go to the next election with a person leading the Labor Party and a person floating around as the potential alternate leader."
That was why the loser must retire, she said.
Prime Minister Julia Gillard calls for a ballot tonight to determine the leadership of the Labor Party. Courtesy: Sky News
GOVENOR GENERAL SEEKS ADVICE ON RUDD RETURN
HOW DID WE GET HERE
KEV'S TO DO LIST
RUDD SUPPORTERS SOUND OUT WILKIE, CROOK
RUDD'S ATTACK OF THE BLUES
COALITION READY TO FIGHT RUDD
WINDSOR EXCEEDED ALL EXPECTATIONS
ONE AMIGO LEFT STANDING
RUDD HAS THE NUMBERS: SUPPORTERS
KATTER BACKS RUDD
WINDSOR AND OAKESHOTT CALL IT A DAY
PM'S STRATEGY TO EXPOSE ENEMIES
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