Liberal leader Sussan Ley demands party renewal after worst defeat, citing lost values and fiscal mismanagement.

Opposition Leader Sussan Ley has urged Australia's Liberal Party to reconnect with voters after its worst election defeat, blaming the loss on failing to uphold its values rather than shifting ideals. She criticized the government's handling of living standards, a housing market she called a "lottery," and a $1.2 trillion national debt, warning of a "forgotten generation" if fiscal responsibility isn't restored. Her call for renewal comes amid internal divisions, including senior resignations and criticism over prolonged introspection. Ley's approval rating has dropped to 33%, down from 41% in September.