Rene Hidding will hang up his ministerial hat and nominate for Speaker of the House of Assembly on Monday.
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It will be the first time the Liberals have met since the election.
Mr Hidding said he had advised Premier Will Hodgman that he did not want to be reconsidered for a ministerial position.
He held the police and infrastructure portfolios since 2014 and said he would be leaving the Hodgman cabinet at the top of his game.
“Both my portfolios are in excellent position with a strong future,” he said.
“The premier has a wealth of talent available in our re-elected team and I am confident the portfolios I have held will be in great hands.
“I also wish to acknowledge Mark Shelton’s great job as Speaker following in the footsteps of Elise Archer, and to state that my decision to nominate for Speaker in this new parliament is in no way a reflection on his handling of the role in the past.
“However, I believe that as the longest-serving member of parliament since 1996, I am the most experienced in our team to be Speaker, given the nature of the new parliament.”
Lyons Liberal MHA Mark Shelton was sworn in as Tasmania’s 39th Speaker in October, after former Speaker Denison Liberal MHA Elise Archer was promoted to the state government frontbench.
The premier will make a call for nominations for the role at Monday’s meeting. No other public announcements for intended nominations have been made.
Labor stalwart Michael Polley, who served as Speaker for 16 years, said last week that experience should be a key consideration for the premier’s choice.
He said the fact the Liberals now held only a one-seat majority in the lower house meant a long-serving MP would be a good option, with Mr Hidding touted as a potential candidate.
“He will do a good job. Because he has got the respect of both sides,” he said.
This year marked the seventh time Mr Hidding successfully stood for election.
He said he was proud of the significant projects he had contributed to, including increasing police numbers and transport, roads, shipping and freight reforms.