Aunty.Peter Costello has backed Brendan Nelson to lead the Liberal Party to the next election and says he will not be standing as a candidate in this morning's leadership ballot.
Mr Costello told Radio National's Fran Kelly that Dr Nelson should continue as leader but would not confirm whether he would be voting for Dr Nelson at this morning's party room meeting.
"I have said since last year's ballot when Brendan was elected leader as far as I was concerned that gave him the right to lead the party to the next election," he said.
"I haven't seen anything that would make me change my mind."
Started ten minutes ago. Will be interesting to see if anyone challenges him - Costello has obviously had all of the limelight recently, Turnbull has been quiet and Julie Bishop virtually invisible. Seems a strange time to do it as well - Labor is obviously hurting in WA and NSW but Rudd is still ultra-popular, and in the middle of September? If they'd waited another month they'd get twice as much attention.