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Australia news live: Ley urges Liberals to accept Farrer loss to One Nation with ‘humility’, saying ‘voters never get it wrong’ | Australia news

Ley: Voters never get it wrong

A little more than the statement made by Susan LeyFarrer resigned his membership after being dismissed as opposition leader.

double quotesIt has been the privilege of my professional life to serve the people of Farrer for 25 years, enlisting the support of the local community in nine elections. I know David (Farley) They will feel the same sense of honor and responsibility.

Until tonight, each of the 30 elections since 1949 has been held, without exception, by the Liberal and National parties, under difficult and challenging conditions. It would be a mistake to reduce both the scale and significance of tonight’s defeat to a Coalition split that occurred months ago, or to misattribute it to the date of the vote.

I call on the Liberal leadership to accept this outcome with humility because voters will never get it wrong. On the day the leadership collapsed in February, new leaders said the Liberal Party had to ‘change or die’. Three months later, the result in Farrer shows that this statement is more true today than ever before.

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Dan Jervis-Bardy

The treasurer speaking previously on Sky News Jim Chalmers The home tax system is “broken”, “unfair” and “unacceptable”, he says in his strongest defense yet in his case to leave negative gearing intact and break promises of capital gains tax relief.

The most important issue in the budget that Chalmers will announce on Tuesday night is expected to be changes to property investor tax privileges.

Prime minister, Anthony Albaneseand senior ministers repeatedly ruled out future changes to negative gearing and a 50% capital gains tax cut during the 2025 election campaign, which Labor won with a landslide majority.

Chalmers said:

double quotesTuesday night’s budget will, I think, signal a more ambitious year of reform that recognizes that the status quo on housing and tax is broken, unfair and unacceptable. A lot of the work we’ve done in the past and all the comments we’ve made have reflected, as the prime minister has said, a strong focus on (housing) supply. But there are additional steps that need to be taken to make the housing market fairer.

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