Frydenberg set to announce decision not to run in Kooyong next election

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Frydenberg set to announce decision not to run in Kooyong next election
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Sources who could not speak publicly said they expected Frydenberg would today make an announcement about his decision to avoid another battle against Monique Ryan.

Former treasurer Josh Frydenberg is expected to shortly announce he will not recontest the next election, as he is revealed as the new chairman of investment bank Goldman Sachs’ local division.

Sources who could not speak publicly ahead of official confirmation said they expected Frydenberg would later today make an announcement about his decision to avoid another battle against independent MP Monique Ryan, who took the seat of Kooyong from him in the May 2022 federal election.

“Josh will focus on further deepening and strengthening client coverage across the A/NZ region. He will continue to offer advice on economic and geopolitical issues as the firm’s senior regional advisor for Asia Pacific,” the memo said.treasurer, where he was widely recognised for his management and leadership of the country’sthat Frydenberg had told friends he was unlikely to stand again despite the urging of many local Liberals he should have another tilt.

The report stated: “One Liberal familiar with Frydenberg’s thinking said he was torn between his ambition to lead the Liberal Party, enjoying working in the private sector and spending more time with his young children, and the fear of losing the seat a second time, in what was proving to be an anguishing decision for the 52-year-old.“

The Oxford-educated grand-niece of former Victorian premier Sir Rupert “Dick” Hamer is weighing a bid to be the Liberal candidate for Kooyong, as former treasurerSeveral senior Liberal sources – who, like others in this story, spoke on the condition of anonymity to detail tightly held plans – said Amelia Hamer, 30, had held discussions with local party members about a potential run.

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