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Politics

Dominic Giannini

Australia hails UK's 'first PM of colour'

Rishi Sunak Australia Jim Chalmers Conservative Party Liz Truss Britain

Jim Chalmers has wished Rishi Sunak well in dealing with the economic challenges facing the UK. (Mick Tsikas/AAP PHOTOS) (AAP)

Treasurer Jim Chalmers has lauded the significance of Britain being about to have its first prime minister of Asian descent.

Rishi Sunak has been named leader of the Conservative Party after Liz Truss resigned from the prime ministership, paving the way for him to take the nation's top job.

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