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The '''Liberal Party of Australia''' is the main [[conservative]] political party based in the Commonwealth of [[Australia]]. The Liberal Party was founded in 1944 by [[Robert Menzies|Sir Robert Menzies]].  Robert Menzies kept the Liberal Party in power during much of the post-war boom. As with many other Western democracies the winds of change swept through Australia and the Liberal Party was ousted from power by [[Gough Whitlam]] and the [[Australian Labor Party]] in 1972.  
 
The '''Liberal Party of Australia''' is the main [[conservative]] political party based in the Commonwealth of [[Australia]]. The Liberal Party was founded in 1944 by [[Robert Menzies|Sir Robert Menzies]].  Robert Menzies kept the Liberal Party in power during much of the post-war boom. As with many other Western democracies the winds of change swept through Australia and the Liberal Party was ousted from power by [[Gough Whitlam]] and the [[Australian Labor Party]] in 1972.  
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The Liberals in general believe in minimal interference by the government in the economy and are understood to be more socially conservative than their more left wing political opposition, the [[Australian Labor Party]]. Thus in this sense, the term "liberal" refers to neo-liberalism rather than the social liberalism that is implied in the American context.  
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The Liberals in general believe in minimal interference by the government in the economy and are understood to be more socially conservative than their more left wing political opposition, the [[Australian Labor Party]] and the Australian Greens. Thus in this sense, the term "liberal" refers to neo-liberalism rather than the social liberalism that is implied in the American context.  
    
Until the 1970s the Liberal Party occupied the centre of Australian politics. However, the breakway of left-wing groups meant that the Liberals have moved to the right of politics with the Labor Party occupying the centre-left.
 
Until the 1970s the Liberal Party occupied the centre of Australian politics. However, the breakway of left-wing groups meant that the Liberals have moved to the right of politics with the Labor Party occupying the centre-left.
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