Carr denies run for PM
Frequently Asked Questions about this Article…
Bob Carr is Australia's Foreign Minister and a former NSW premier. According to the article, he publicly ruled out making a tilt for the prime ministership, saying “I'm ruling it out, I don't have to give a reason.”
The article notes that Senator Carr would need to move to the lower house to take the Labor leadership from Prime Minister Julia Gillard, because the prime minister is conventionally drawn from the House of Representatives rather than the Senate.
While there was recent speculation about a possible retirement by Schools Minister Peter Garrett — which would create a vacancy in the eastern Sydney seat of Kingsford-Smith — the article states that Carr says he is not considering that option.
By ruling out a challenge, Carr reduces the likelihood of an immediate leadership contest involving him. The article also notes Julia Gillard is struggling in the polls and that leadership speculation has been active, but Carr has removed himself from that particular set of possibilities.
The article recalls that Kevin Rudd, Carr's predecessor as foreign minister, resigned his post in February to challenge for the Labor leadership and was decisively defeated by Julia Gillard by 71 votes to 31.
Carr made the comment to reporters outside his Maroubra home in Sydney's east, telling them: “I'm ruling it out, I don't have to give a reason.”
Everyday investors often watch leadership developments because they can influence government policy and political stability. The article highlights active leadership speculation within Labor, and Carr’s decision narrows the field of potential challengers — information investors may consider when assessing political risk.
No. The article presents a clear, current statement from Carr that he is ruling out a tilt for the prime ministership and is not considering moving to the lower house or contesting the Kingsford-Smith seat.

