The Liberal Party of Australia (Liberals, or LIB for short), in
coalition with the
National Party of Australia (Nationals, or NAT for short), is one of the two main
political groups in Australian politics (the other being the
Australian Labor Party (ALP). The Liberals/Nationals are the more conservative of the two main parties. It was founded by
Sir Robert Menzies in 1944. They lost government to the ALP in the Australian federal election held on 24 November 2007. This was after 11 years in government under the previous Liberal leader,
John Howard. The current Liberal leader is
Malcolm Turnbull. The Liberal/National coalition is currently in control in the Federal Parliament of Australia after beating the ALP during an election on 7 September 2013.