Turnbull confidante John O'Sullivan says ex-PM is disappointed but will bounce back while some former pollies are "unemployable"

What now for the ousted Prime Minister?

Former Credit Suisse chairman John O'Sullivan is one of Malcolm Turnbull's closest friends and confidantes. 

Mr O'Sullivan says the former PM will bounce back and has options unlike other politicians who he says are "unemployable" outside parliament.

John O'Sullivan spoke AM with the ABC's Peter Ryan