Markets
EUR/USD1.1660 0.14%GBP/USD1.3440 0.10%USD/JPY159.27 0.00%USD/CHF0.7816 0.11%AUD/USD0.7177 0.08%USD/CAD1.3794 0.08%USD/CNY6.7817 0.22%USD/INR95.20 0.21%USD/BRL5.0470 0.03%USD/ZAR16.22 0.01%USD/TRY45.91 0.04%Gold$4,540.30BTC$73,924 0.74%ETH$2,024 0.52%SOL$82.87 1.09%
Australia-Pacific

Australia: Tony Abbott elected unopposed as Liberal Party president

According to ABC News Australia, former Prime Minister Tony Abbott has been elected unopposed as federal Liberal Party president. Abbott said the party was facing an 'existential crisis' and that he was ready to serve.

Exterior of Parliament House in Canberra during the day
Photo: Warren Griffiths / Pexels
ABC News Australia1 d ago

According to ABC News Australia, former Prime Minister Tony Abbott has been elected unopposed as federal Liberal Party president. According to the report, Abbott said the party was facing an 'existential crisis' after its loss in the most recent federal election, and that he intended to use his return to the political stage to rebuild the organisation. The nomination, backed by senior figure and former shadow treasurer Angus Taylor, ultimately drew no rival candidate.

Recovering federal seats lost in the recent vote and strengthening membership among young people and volunteers are highlighted as central priorities. The report says Abbott acknowledged there are areas of internal debate within the party on campaign finance, internal discipline and environment-energy policy. The Anthony Albanese government's recent tax and economic decisions continue to put pressure on the opposition.

In the coming period, structural reforms led by the party council, consultations with state branches and federal election preparations will be closely watched. This article is not political advice.

RegulationGeopoliticsAustralia-PacificABC News Australia
This article is an AI-curated summary of the original story published by ABC News Australia. The illustration is a stock photo by Warren Griffiths from Pexels and is not from the original story.

More from Australia-Pacific