Gillard Government occur on the morning of 24 June 2010, with the candidates being himself and Deputy Prime Minister Julia Gillard. This followed weeks of speculation that senior members of the ALP were beginning to lose confidence in Rudd and would back Gillard in replacing him if necessary. By the eve of the election, it was obvious that Rudd didn't have enough support to remain ALP leader and Prime Minister. Rudd withdrew his candidacy and resigned as party leader, leaving Gillard to take the leadership unopposed. Gillard was then sworn in as Australia's 27th Prime Minister by Governor-General Quentin Bryce and became
Julia Gillard most senior ministers: Gillard, Treasurer Wayne Swan and Finance Minister Lindsay Tanner. Formed in late-2007 as a result of an internal review, the SPBC was responsible for the government's handling of the 2007–08 global financial crisis. On 11 December 2007, Gillard was acting prime minister while Rudd attended the United Nations Climate Change Conference in Bali, becoming the first woman ever to hold that position. She assumed these duties for a total of 69 days throughout Rudd's tenure, during his various overseas travel engagements. Gillard quickly became known as a highly regarded debater, with her performances during parliamentary question time