Live: Ryan prepared to fight as Frydenberg hints at comeback

Independent MP Monique Ryan has stated she is prepared to contest the political arena once more following Josh Frydenberg's indication of his plans for a return to public service. Labor frontbencher Kristy McBain has advocated for the Reserve Bank to extend its limit on bank fees for businesses utilizing point of sale machines. The coalition government has come under fire for the implementation of the card surcharge ban, which became effective at the start of the year.

Small businesses have responded to this regulation by raising their prices, resulting in a loss of approximately $1.6 billion annually for consumers. Monique Ryan remains indifferent to Frydenberg's potential comeback, criticizing his past performance on climate change and pandemic response. Frydenberg has not ruled out the possibility of a political return, stating that he has not closed the door on the prospect, although he does not feel pressured to make a hasty decision.

The next election is scheduled for 18 months from now. The Liberals are currently facing a challenging situation, with recent polls indicating a significant decline in their popularity. Frydenberg has expressed concern over the Liberal Party's predicament and believes that changes are necessary to address the existential threat the party now confronts.