Former Treasurer Josh Frydenberg’s decision to put a business future before an attempted political revival is a blow for the Liberal Party, but a relief for the teal member for Kooyong, Monique Ryan.
Opposition Leader Peter Dutton might regard his former colleague’s decision with mixed feelings. Frydenberg would probably have increased the chance of the Liberals regaining Kooyong in 2025.
But if elected, Frydenberg would have become an obvious choice for party leader (on the very reasonable assumption the Coalition was still in opposition). More immediately, speculation about that prospect would have dogged Dutton in the run-up to the next election.