This video is a recording of the ABC News in Melbourne on Thursday, April 8, 1982.
On that day, Liberal Prime Minister Malcolm Fraser, in office for 6 years and 5 months, beat off a challenge from his former Foreign Minister, Andrew Peacock. Fraser defeated Peacock by 54 votes to 27 in the Liberal partyroom. Treasurer John Howard was chosen as deputy leader, replacing Phillip Lynch.
The challenge to Fraser had been brewing for some time but was brought to a head by the defeat of the 27-year-old Liberal government in Victoria on April 3. On this day, the John Cain ministry was sworn into office, the first Labor government since John Cain snr in 1955.
Watch the news item (8m):