Former logger in the Solomon Islands becomes Ozzie PM

Turnbull (left) and Abbott (right) in good time

A former logging operator in the Western Province of the Solomon Islands is now the new Prime Minister of Australia.

Malcolm Turnbull’s connection to the Solomon Islands logging industry began in the late 1980s . Turnbull and Nick Minchin, the former retired Finance Minister of Australia in 2002, were the principal investors in Axiom Logging Company.

The logging company was carrying out a logging operation in Vella La Vella Island, Western Province, Solomon Islands, and had its head-office in a building directly opposite, the current office of the Solomon Star English newspaper at New China Town, Honiara.
One of the former company senior account clerks in Honiara during that time had also named his young son as Turnbull. During those years, Turnbull was a banker and investor. He partly built his wealth and empire in Sydney, through the destruction of Vela La Vella Island’s rainforest, streams, wild life, gardening land and fishing ground. The logging operation was later sold. Since then, several Asians logging companies have been operating on the island.

Turnbull is one of the few millionaires in Australia, who had successfully launched a political career. He became the Leader of Opposition in 2008 to 2009, but overthrown by Tony Abbott in an internal party revolt over Turnbull’s support for climate change policies of then Kevin Rudd-led government. During the Liberal Party tussle for the then leader’s position, Abbott won by 42-41 votes.

Turnbull subsequently announced his intention to quit politics, but immediately enticed by former Prime Minister, John Howard, to remain in politics. He immediately withdrawn his intention and Abbott embraced Turnbull and gave him a shadow cabinet position in his Opposition-front bench.

Following the 2013 federal election, where Toney Abbott successfully won the election for the Liberal Party, after two terms in the Opposition bench, Turnbull was given the Ministerial position of Communication. But after two years of the Abbott-led government failure to revamp the Australian ailing economy and 30 straight bad polling results, which indicated that if a national election was held yesterday, an Abbott led government would be annulled by the Labour Party.

The bad polling results and Abbott’s refusal to support a number of key progressive policies led Turnbull and many of his colleagues to challenge for the leadership of the Liberal Party and Prime Ministership. In a spilt over motion last night after resigning as a cabinet minister four hours earlier. He successfully revenged his dumping in 2009 by Abbott in yet another leadership contest by 54-44 votes.

Turnbull is the current Member of the Federal Parliament for Wentworth, Eastern suburbs, Sydney, NSW. The constituency of Wentworth covers some of the wealthiest suburbs in East Sydney, included Kings Cross, Bondi junction and beach, Potts Point, Rose Bay, Elizabeth Bay, Rushcutters Bay, Double Bay, Point Piper, Tamarama, Bronte, Clovelly and many more.

The above suburbs are along the coastline of Eastern Sydney and famous around the world for their beautiful sandy beaches and multimillion dollars sea view real estates, housing apartments and properties.

According to News Limited reports, Turnbull wealth is worth $180m and he is currently living in a mansion valued at $50m.