Julie Bishop entering Australian leadership race - reports

Julie Bishop may take a shot at the Liberal leadership, according to reports.

Australia's Foreign Minister has been "strongly" encouraged by members of cabinet to run for Prime Minister Malcolm Turnbull's spot, 7 News reports.

If she does, it will be a three-way race - with former Home Affairs Minister Peter Dutton and Treasurer Scott Morrison also in the running.

A spokesperson for Ms Bishop's office told media she is "considering her options".

The Australian House of Representatives has been adjourned until September 10 while the ruling Liberal Party deals with its ongoing leadership crisis.

Several of the party's MPs have resigned, citing a lack of faith in Prime Minister Turnbull's ability to lead the country.

It's been two days since Mr Dutton launched his campaign of chaos. Mr Turnbull's Finance Minister, who just yesterday said he supported the Prime Minister, had a massive change of heart on Thursday.

"He no longer enjoyed the support of the majority of the party members in the party room," said Mathias Cormann.

As the day continued, Parliament went into recess ready for a leadership vote and it appeared more likely Mr Dutton would become Prime Minister.

But just as it looked all but over for Mr Turnbull, he came out swinging.

He called for a majority petition to force for a leadership vote. A petition would see a party room meeting at midday on Friday, which would surely spell the end for Mr Turnbull - but he has one final lifeline.

Concerns have been raised about whether Mr Dutton's childcare business receives government rebates. Some argue that's against the constitution, meaning he'd be expelled from Parliament.

Mr Turnbull has asked the solicitor general to find out - but if he is eligible, Mr Dutton is likely to take the top job.

Radio personality Alan Jones says Australia, with its constant leadership changes, is starting to looks like the Italy of the South Pacific.

But our Prime Minister was unfazed about instability.

"Our relationship with Australia is incredibly strong, and it will remain strong regardless of who is in leadership at any given time," says Jacinda Ardern.

She's prepared to work with anyone, but just who that leader will be is anyone's guess. 

Newshub.