Former federal treasurer Josh Frydenberg will not contest his former seat of Kooyong at the next election, paving the way for a new Liberal candidate to take on independent Monique Ryan.
His absence will also give Opposition leader Peter Dutton renewed clear air as leader of the Liberal Party and removes a potential rival.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com