Former Prime Minister Tony Abbott has missed out on a spot in Malcolm Turnbull’s new look Cabinet, while Greg Hunt, Christopher Pyne and Josh Frydenberg are among the big names to be given different roles.

Mr Abbott remained on the back bench, while the recently named “Best Minister in the World”, Mr Hunt, was moved to minister for industry and innovation. Josh Frydenberg assumed Mr Hunt’s old role in the expanded portfolio of minister for environment and energy.

Mr Hunt replaced Christopher Pyne who became the minister for defence industry. Mr Pyne’s new role gave him oversight of naval ship building including the $50 billion submarine program, Mr Turnbull told reporters on Monday.

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Assistant treasurer Kelly O’Dwyer lost the title of assistant Treasurer and will now be known as minister for revenue and financial services, while Senator Scott Ryan became special minister of state.

Ms O’Dwyer also lost the role as minister for small business, replaced by Michael McCormack. That meant the small business role had been removed from Cabinet completely. No politician was demoted from Cabinet in the reshuffle.

Malcolm Turnbull carefully considered the make up of his new ministry. Photo: AAP

(Click on the owl to read all the changes to the Coalition’s ministry  ).

Conservative Coalition figures including Kevin Andrews and Eric Abetz had agitated for Mr Abbott’s return to the Cabinet, but Mr Turnbull has not granted those wishes.

“My team will now get on with the job of governing, constructively working and engaging with the other parties in the parliament, to deliver the strong and secure future, the strong economic leadership, that Australians expect and will get from my government,” Mr Turnbull said.

Nationals MP Matt Canavan has been promoted to the frontbench as the minister for resources and northern Australia.

Richard Colbeck, whose seat in the Senate remains in question, has lost his portfolio.

There was speculation Sarah Henderson and Michael Sukkar were in the frame for frontbench roles and Bridget McKenzie had been touted by some for a promotion.

– with AAP and ABC