The Liberal Party of Australia is a major political party in Australia, founded in 1944. It promotes free market policies, individual freedoms, and limited government intervention in the economy. The party traditionally supports business interests and aims to foster economic growth and job creation. The party is part of the Coalition, which includes the National Party of Australia. It has been a dominant force in Australian politics, often forming the government at both the federal and state levels. The party's leadership has included notable figures such as John Howard and Malcolm Turnbull.