Liberal Party of Australia

The Liberal Party of Australia is a centre-right political party in Australia. The party is one of the two major parties in Australian politics, the other being the Australian Labor Party. The Liberal Party was founded in 1944 as the successor to the United Australia Party. Historically the most successful political party in Australia's history, the party is now in opposition at a federal level and does not hold government in any Australian state or territory with the exception of the island state of Tasmania.