Howard tried to win a fifth term in office at the federal election held on 24 November 2007. He had pledged to resign late into his next term if he was re-elected, and hand over office to his government's Treasurer [[Peter Costello]]. In practice, the choice of successor would be made by a vote of all the Liberal Party's MPs. | Howard tried to win a fifth term in office at the federal election held on 24 November 2007. He had pledged to resign late into his next term if he was re-elected, and hand over office to his government's Treasurer [[Peter Costello]]. In practice, the choice of successor would be made by a vote of all the Liberal Party's MPs. |