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Senator slams Angus Taylor over 'breathtaking' failure as shadow treasurer ahead of Liberal leadership contest

Senator slams Angus Taylor over 'breathtaking' failure as shadow treasurer ahead of Liberal leadership contest

Sky News AU12-05-2025

Liberal Senator Hollie Hughes has issued a brutal assessment of Angus Taylor ahead of Tuesday's Liberal leadership vote, accusing him of a 'breathtaking' failure campaign against the Albanese government's 'inheritance tax' by stealth.
Shadow treasurer Angus Taylor is set to face off against deputy leader Sussan Ley when the depleted Liberal partyroom meets on Tuesday.
Speaking to Sky News Australia on Monday, Senator Hollie Hughes firmly endorsed Ms Ley for the position, before unleashing on Mr Taylor's record in the previous term of government and stating it "beggars belief" he thought he deserved to be leader.
'Angus Taylor shouldn't be leader. He was shadow treasurer, yet we had zero economic narrative,' Ms Hughes said.
"I mean, this is the guy who tried to take the Liberal Party to the election opposing tax cuts. I mean, seriously.'
Ms Hughes particularly highlighted the Coalition's failure to run a campaign against the Albanese government's tax on unrealised capital gains in superannuation funds worth more than $3 million as a major failure.
'The fact that he wasn't able to prosecute a case on unrealised gains is breathtaking… this is an inheritance tax that's coming down the barrel at a rate of knots.'
'People talk about the bank of mum and dad; the Bank of mum and dad might be severely depleted for the next generation, because they didn't understand what the Labor government wants to do when their parents want to pass on the house.'
Ms Hughes said she would be 'heavily endorsing' Susan Ley for the role of leader, before taking more veiled swipes at Mr Taylor.
'I think not only has she got an enormous amount of life experience that she can bring into the role that will help her expand our base, not just try and appeal to a very narrow sliver of the base,' she said.
'This is a woman with a Master's of tax law, a Master's of accounting, as well as a degree in economics.
Ms Hughes is set to depart federal politics at the end of June after she was relegated to an unwinnable spot on the Coalition's NSW Senate ticket in favour of her Senate colleague Andrew Bragg and Lowy Institute research fellow Jessica Collins – who is aligned to the party's conservative faction and was endorsed by Mr Taylor.
Ms Hughes said that she was 'knifed at the hands of … Angus Taylor', but she had remained loyal to the Liberal Party because she wanted what was best for the country.
'I have firmly said that I believe Angus Taylor had a very big hand in that, and I said it a year ago,' Ms Hughes said.
'But I, for a year ... have absolutely done everything I could to support the Liberal Party, because I do believe we are a party of government and a party that will be better for the Australian people.'
In contrast, Ms Hughes said the shadow treasurer was only interested in his "own ambition".
Ms Hughes then attacked Mr Taylor's decision to run on a ticket with Jacinta Price, stating that while she had 'all the respect of the world for Jacinta,' the Northern Territory senator, had only just joined the Liberal partyroom.
'To me, it feels like turning up to an RSL Club with a membership form and then saying, 'by the way, I'm going to run to the board and I want to be president'. You know, it just wouldn't work that way,' Ms Hughes said.
'I think Angus Taylor has insulted not only every liberal woman, but every Liberal Party member in the parliamentary team by saying 'look, none of you are quite up to the job, I've had to go and recruit someone else'.
'I find it completely offensive. There's plenty of talent in Liberal team.'
The outgoing Senator also poured cold water on talk of Tim Wilson running for the leadership, suggesting he should start by running for Deputy Leader.
'I think Tim's great. I've known Tim long before either of us were in Parliament … Tim is not someone without talent,' she said.
'I'm just not quite sure turning back up after three years out of the parliamentary room is the right thing to come in and say, 'hey, hand over the leadership'.'
Ms Hughes said the Goldstein MP, who has said he will wait until after the national Party vote on Monday to declare whether he will contest the Liberal leadership, 'might be a little bit late to the party'.
'If people are hitting the phones today, they've probably missed the boat just a little bit,' she said.

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