Treasurer Josh Frydenberg has all but conceded he will lose the blue-ribbon seat of Kooyong to independent Monique Ryan.
Frydenberg suffered a swing against him in excess of 10 percent, with more than half of votes counted in the inner-east Melbourne seat late on Saturday.
Alongside his wife Amie, the deputy Liberal leader admitted prospects of holding the seat were slim.
“There’s still thousands of postal votes to be counted. So while it’s mathematically possible that we win in Kooyong, it’s definitely difficult,” Frydenberg told the crowd at the Grace Park Hawthorn Club.
Frydenberg won the Melbourne seat in 2010 but saw his margin dwindle to 5.7 percent in 2019….