Editor's note

How on earth does the new prime minister go about rebuilding the Liberal Party from here? Is it even possible? James Walter believes if there’s any hope of reuniting at all, the example of Robert Menzies in the 1940s may offer some wisdom. Menzies was successful in the end - but it took him eight years and defeat in two elections to get there.

But if you’re utterly sick of all the political drama, here’s a lovely read on whether butterflies remember being caterpillars.

And we’ve got some in-house news today as well with the welcome arrival of our new Business and Economy Editor, Peter Martin. A former Commonwealth Treasury official with an honours degree in economics, Peter has worked as the economic correspondent for ABC radio, as the ABC’s Tokyo correspondent and as economics editor of The Age. With UNSW’s Gigi Foster he created The Economists podcast, which showcases economic research on ABC Radio National. Peter will divide his time between Parliament House and the Australian National University, leading our economics coverage and contributing regular commentary and analysis.

Amanda Dunn

Section Editor: Politics + Society

Top story

Josh Frydenberg and Scott Morrison may turn to Robert Menzies’ lessons on how to rebuild a party. AAP/The Conversation

If the Liberals have any hope of rebuilding, they might take lessons from Robert Menzies

James Walter, Monash University

Their longest serving leader built the modern Liberal Party after its predecessor collapsed in 1941– but it took him eight years and defeat in two elections.

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