"Kevin Rudd looks likely to be dumped as Prime Minister.
Factional powerbrokers have spoken to the ABC and are awaiting the outcome of a meeting between Deputy Leader Julia Gillard and Mr Rudd.
The move against Mr Rudd began several weeks ago in a discussion between Mark Arbib and David Feeney from the NSW right faction.
The pair met Ms Gillard this morning and by noon had told her they had the support of the NSW right, the SA right and the WA right.
They told her that the party could not win the next election with Mr Rudd as Prime Minister but with her they could go forward with a strong message.
The two powerbrokers said even without having picked up the phone they would get a 60-40 split on the right, with the left split down the middle.
Mr Feeney and Mr Arbib said they had done their work and were now waiting to see the outcome of the discussion with Ms Gillard.
Senior party strategists and some cabinet ministers are now convinced Mr Rudd cannot win the next election.
One senior party source said: "This crypto-facist made no effort to build a base within the party and now his only faction - Newspoll - has deserted him. He is gone."
Labor sources do not believe there is any way back for Mr Rudd from this crisis. "
Labor to dump Rudd for Gillard - ABC News (Australian Broadcasting Corporation)