Australia politics live: Angus Taylor addresses media for first time as Liberal leader; One Nation to contest Farrer byelection

Angus Taylor has been elected as the new leader of the Liberal Party after defeating Sussan Ley in a leadership ballot. Ley announced her resignation from politics following the vote. The party is now looking for a new deputy leader, with Jane Hume and Dan Tehan as potential candidates. Taylor expressed hope for the party's future under his leadership, emphasizing the need to clarify their positions on migration, housing, and education.