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Gladys Berejiklian will announce today that she will not run for federal parliament and her political career is over - for now - after resigning as NSW premier.
Her decision to pursue a corporate career instead of content Tony Abbott's old seat will disappoint Scott Morrison, who was pushing hard for her to run.
Ms Berejiklian informed the prime minister of her decision on Thursday and Mr Morrison said he respected her decision.
'Gladys has been an extraordinary leader throughout the difficult past few years. She has been a rock for the state as well as a good friend to me and Jen,' he told The Australian.
'As much as I and other senior leaders in the party like John Howard, Tony Abbott and Bruce Baird would welcome her entry back into public life, we also respect her choices about the direction she would now like to take in her life.'
Former NSW premier Gladys Berejiklian will on Friday announce the end of her political career
Daily Mail Australia understands that Ms Berejiklian will instead seek out a far better paying corporate job.
'I completely understand and respect why Gladys would want to go in a different direction, post-politics,' Mr Morrison said.
'I appreciate the opportunity to have been able to talk these issues through with Gladys, as we go back a long way.'
The prime minister