00:00The Liberal Party is at the worst position it has been since 1944 when the party was formed.
00:08That is a confronting reality and we cannot ignore it.
00:15We have failed to hold a bad Labour government to account.
00:19We've seen a collapse in Australians' standard of living.
00:22We've seen a failure to protect Australians' way of life.
00:27Australians want better from the Liberal Party.
00:29Our supporters, those that have voted for us and those who might have voted for us at the last election
00:37as well as Australians more generally.
00:39I think Australians generally understand that a strong Australia means a strong Liberal Party.
00:47We must have a strong Liberal Party if we're going to have a strong democracy in this country and we're
00:51going to hold this bad Labour government to account.
00:55The situation right now is devastating for Australians and for that reason we need to urgently restore confidence in the
01:03Liberal Party.
01:04That means we need strong leadership, clear direction and a relentless and courageous focus on our values.
01:16As a first priority, we need to protect Australians' way of life.
01:22We need to focus on restoring their standard of living.
01:27I don't believe Susan Lee is in a position to be able to lead the party as it needs to
01:34be led from here.
01:36I've just a few moments ago attended my resignation.
01:39I will continue to serve the Liberal Party and to work towards getting it to where it needs to be
01:47if it is to have the strength to make a contribution to this great nation.
01:52The kind of contribution that he has conventionally traditionally made.
01:56We need to change.
02:01All right.
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