NSW Premier Dominic Perrottet. Source: Dominic Perrottet/Twitter
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Dominic Perrottet has been sworn in as the new NSW Premier, with Stuart Ayres assigned the Deputy Premier role
  • Mr Perrottet defeated Rob Stokes 39 to 5 in a ballot held on Tuesday morning for the Liberal Leadership role
  • Gladys Berejillian resigned as Premier on Friday after a corruption inquiry began investigating her past conduct
  • Mr Perrottet paid tribute to Ms Berejiklian after taking on the leadership role, while also pledging to continue to fight the COVID-19 outbreak
  • The new Premier will now put together his Cabinet, while the National Party will meet tomorrow to assign a new Deputy Premier

Dominic Perrottet has been sworn in as the new NSW Premier, with Stuart Ayres assigned the Deputy Premier role.

Mr Perrottet defeated Rob Stokes 39 to 5 in a ballot held on Tuesday morning in Sydney for the Liberal Leadership role.

The vote comes after Gladys Berejillian resigned as Premier on Friday after a corruption inquiry began investigating her past conduct.

Mr Perrottet has paid tribute to Ms Berejiklian after taking, thanking her for her leadership during the pandemic.

“The first thing I want to do today is to acknowledge my predecessor and pay tribute to her, Gladys Berejiklian, who strong and steady leadership has seen us through so many difficult challenges,” Mr Perrottet said.

“She has been an inspiring role model for many, especially women and migrant communities, and that is just one of the reasons why I believe there has been such an outpouring of support over the last few days.”

The new Premier also pledged to continue to fight the COVID-19 outbreak gripping Sydney, with over 600 new cases recorded on Tuesday.

Mr Perrottet said his focus will be on rebuilding the economy.

“As a former treasurer, I know that a strong society needs a strong economy, and that is why our first priority will be to continue the plan that we have started, keeping people safe, opening up the economy and securing our recovery plan,” he said.

Premier Perrottet will now put together his new Cabinet, with Matt Kean already locked in as the state’s new Treasurer.

Meanwhile, the NSW National Party will meet tomorrow to assign a new Deputy Premier after John Barilaro resigned on Monday.

More From The Market Online
AI concept

The great AI scare sell-off is still permeating Wall Street; a speculative blog from the not-so-distant future stands as the latest culprit

The ongoing tech sell-off in the United States, ironically driven by the larger AI thematic itself, continues to define
US and Aus flag

The XJO benefitted from geopolitical calm last week. New tariff fears perhaps feel more familiar

Last week, I wrote that the ASX200 was having a good week, where Australian investors were reacting to Australian earnings reports and how

Okay, so just where is gold heading? Experts say its nowhere near finishline yet

Leading industry, government and investment groups are still confident that the gold’s bull run is nowhere…
Koala share trading AI

The ASX 200 is up over 4% YTD. What EOY targets are floating around?

It’s been a pretty good year for the ASX200 so far, helped greatly by the ‘commodity supercycle’ narrative – which isn’t really a