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

Former Liberal party leader resigned as member for Farrer after she was dumped as opposition leader. Follow updates live

The treasurer, Jim Chalmers, says the Farrer by-election result was a “bloodbath” for the Coalition that casts doubt on Angus Taylor’s future as Liberal leader.

Appearing on Sky News ahead of Tuesday night’s budget, Chalmers said:

It wasn’t a by-election, It was a bloodbath for the Coalition. Angus Taylor went big on division and lost really badly. It should come as a surprise to nobody after how badly he failed as shadow treasurer that he’s now failing as leader, and it would surprise me if the clock wasn’t already ticking on his leadership.

Building more homes is a big focus of this Budget and a big focus of the Albanese Government. …

Right now, it’s too hard for too many Australians to get into their own home and get ahead and that’s why we’re investing in supply. Our housing plan is pro-aspiration and it’s pro-investment. Continue reading...