Though progressives and opposition parties it changes very little on the issues that matter, a revolt within the conservative Liberal Party on Monday has resulted in the ouster of Australia’s Prime Minister Tony Abbott as one of his top cabinet ministers, Malcolm Turnbull, took over leadership of the nation’s ruling coalition.

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After letting Abbott know he would challenge him directly for the PM seat just hours before, Turnbull ultimately claimed victory after winning 54-44 in a dramatic leadership ballot in the capital of Canberra.

Though a multi-millionaire former banker and a prominent member of Australia’s conservative establishment, Turnbull’s ascent to leadership is seen as a rejection of Abbott’s most reactionary and far-right tendencies, especially on social issues, human rights, and need to act more boldly on the impacts of human-caused global warming. As the News.com in Australia reports:

However, despite some of those tendencies, Turnbull indicated in remarks delivered after his victory that he would largely maintain the party’s right-wing policy positions ahead of next year’s national elections.

As George Wright, national campaign director for the Australian Labour Party, explained in the wake of the shake-up, “We have a new Prime Minister, but nothing has really changed – not when it comes to what matters.”

Wright continued by saying Turnbull has already confirmed he will keep most of Abbott’s “horrendous policies” in place.  “He’s told the media that he’s not going to improve the abysmal climate targets, despite what he’s previously said. He’s not going to legislate marriage equality. And he’s also backed all the measures in the budget, that’s the GP tax, $100,000 degrees, cuts to pensions, and cuts to schools and hospitals.”