The Liberal Party of Australia (LP) is the prominent centre-right to right-wing political party in Australia. It is considered one of the two major parties in Australian politics, the other being the Australian Labor Party (ALP). The Liberal Party was founded in 1944 as the successor to the United Australia Party. Historically the most electorally successful party in Australia, the Liberal Party is now in opposition at a federal level, although it presently holds government in the Northern Territory, Queensland and Tasmania at a state (sub-national) level.
The Liberal Party is the largest partner in a centre-right grouping known in Australian politics as the Coalition, accompanied by the regional-based National Party, which is typically focussed on issues pertinent to regional Australia. The Liberal Party last governed Australia, in coalition with the Nationals, between 2013 and 2022, forming the Abbott (2013–2015), Turnbull (2015–2018) and Morrison (2018–2022) governments. The Coalition has been suspended on occasion throughout the 20th and 21st centuries, though as of 2025 the two parties form a shadow ministry under the leadership of Sussan Ley.