In Australia, liberalism has a vast interpretation and a broad definition. It dates back to the earliest Australian pioneers and has maintained a strong foothold to the present day. Modern-day Australian liberalism is the successor to colonial liberalism, and has been compared to British liberalism for its similarity. The primary representation (and political entity) of Australian liberalism is the centre-right Liberal Party of Australia. Unlike in the United States, in Australia, the term "liberal", is often associated with conservatism.
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👉 Liberalism in Australia in the context of Classical liberalism
Classical liberalism (sometimes called English liberalism) is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. Classical liberalism, contrary to liberal branches like social liberalism, looks more negatively on social policies, taxation and the state involvement in the lives of individuals, and it advocates deregulation.
Until the Great Depression and the rise of social liberalism, classical liberalism was called economic liberalism. Later, the term was applied as a retronym, to distinguish earlier 19th-century liberalism from social liberalism. By modern standards, in the United States, the bare term liberalism often means social or progressive liberalism, but in Europe and Australia, the bare term liberalism often means classical liberalism.