This story is being updated.

Ending weeks of speculation, Australia’s prime minister Tony Abbott has been challenged for his job.

In a press conference on Monday, fellow Liberal Party member Malcolm Turnbull announced he will be taking on Abbott for leadership of the party. He said he had notified the prime minister of his decision and asked him to call a party meeting to take a ballot.

Outlining his pitch for seizing the prime ministership, Turnbull said Abbott had not been capable of providing the type of economic leadership Australia needs. Read more…

More about Australia, Us World, Politics, Tony Abbott, and Malcolm Turnbull

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Australia’s prime minister could be about to lose his job