The fourth most senior cleric in the Church of England is tipped to be appointed as the new Archbishop of Canterbury.
The Rt Rev Justin Welby, 56, Bishop of Durham, looks to be the man about to be given the keys to Lambeth Palace in central London.
Leading bookmakers William Hill and Ladbrokes closed their books on betting for the Archbishop of Canterbury after a rush of bets were placed on Bishop Welby.
A formal announcement is expected shortly.
The Archbishop of Canterbury holds no authority in the Anglican Church of Australia, but he (or she) does play an important symbolic unifying role and often acts as spokesperson on international church matters.
The current Archbishop of Canterbury, the Rt Rev Rowan Williams, has apparently opined that his successor will need to preach "with a Bible in one hand a newspaper in the other." Let's hope Justin is listening to that advice.