Mr Frydenberg issued a statement on Monday afternoon, saying: “It’s been an incredible privilege to have served as the local member for the last 12 years.”
“I want to thank everyone who I have had the pleasure to work with locally. It has been quite a journey. Their support and friendship has been extraordinary and deeply appreciated.”
Australian Electoral Commission says Labor leading in 76 seats, a lower house majority
Labor picked up 52.4 per cent of the two-party preferred vote.
Dave Sharma concedes in Wentworth
Mr Sharma said at a national level, he was glad to have played a part in Australia adopting a net-zero emissions target by 2050, facilitating the AUKUS arrangement, supporting the ratification of free trade agreements, and helping shape policy responses to China.
“Australia today faces a more challenging global outlook than we have seen for several generations, and in the face of such challenges the quality of our political and national leadership will matter greatly. Myopia and complacency in our national political discourse are luxuries we can no longer afford.”
Pauline Hanson fighting to hold onto Senate seat
But while she fell short of winning the seat in her own right, as the count currently stands it appears she will benefit from other minor party preferences.
Ms Hanson spent election day isolating after testing positive for COVID-19. She has not been vaccinated.
Liberals weigh up options for party leader
Ms Archer, first elected in 2019 and expected to retain her ultra marginal seat of Bass, told ABC’s RN Breakfast she backed “traditional values”.
Liberal member for Bass Bridget Archer at a press conference during the 2022 federal election campaign, in Mowbray Tasmania. Source: AAP / MICK TSIKAS/AAPIMAGE
When asked if she would consider a tilt at the deputy spot, she said “potentially”.
“We need to bring the party back to the centre.”