Mr Smith’s resignation has come after he was involved in a drunken crash where he was caught more than two times the legal limit.
Mr Guy issued a statement thanking the disgraced MP for his service to the party and the state and revealing that he supported the decision.
“Tim Smith’s decision today to not renominate for his seat of Kew is no doubt an exceedingly hard one, but it’s an honourable one and one that I support,” he wrote.
Leader of the Opposition Matthew Guy has thrown his support behind Tim Smith’s decision not to contest at the next election. Picture: Michael Dodge – Pool/Getty Images
On Sunday Tim Smith backflipped on his decision not to resign from politics when he announced he would not be contesting for the seat of Kew at the next election. Picture: NCA NewsWire / David Crosling
“He has acknowledged that his actions one week ago were dangerous and wrong and he has paid an immense price for those actions.
“Tim has served his constituents, the people of Victoria, and the Liberal Party with passion, dedication and tireless commitment.
“I commend him for his decision and sincerely wish him the very best and would ask for his privacy to be respected.”
On Sunday morning Mr Smith announced he would not be contesting at the next election, ending his political career.
“In view of the response by the Leader of the Opposition, I believe it is in the best interests of the party that I do not contest the next election in Kew,” he said in a statement to his Kew constituents.
Guy: Smith should not run at next election
The resignation follows Mr Guy telling the media he had advised Mr Smith not to contest at the next election and that he would not get a front bench seat while he was party leader.
Despite the advice from the Liberal leader, last week Mr Smith announced he still had intentions to contest at the next election.
“I won’t be resigning from the parliament and I will be spending the next couple of weeks reflecting on my career and my life,” he said on Wednesday.
In the immediate aftermath of the incident Mr Smith resigned his position in the shadow cabinet and his role as shadow attorney-general adding that it was “the worst thing that has ever happened” in his life.
Tim Smith needs to do some ‘soul searching’ before deciding on future career
Last week Treasurer Josh Frydenberg called on Mr Smith to spend time reflecting on his actions before making a decision on his future.
“Tim does need to give serious consideration to the words of his leader, he needs to take some time for some soul searching and to reflect on his own future career,” he told Sky News Australia’s AM Agenda.
“That’s something he should be given the space over the coming week leading up to the time pre-selections are due in to reflect on that.”

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