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How different are the labor party and the liberal party?

In: Australian History, Business and Industry, Government [Edit categories]

Relevant answers:

Is Australia's Labor Party the youngest Labor Party in the world?
No it is one of the oldest. It was founded in 1891 and is the oldest existing political party in Australia. It also predates the Labour Parties in the UK and New Zealand in both formation and forming...
Is the democratic party the liberals or the conservative party?
Neither. The NDP is the NDP. The Liberals are the Liberals and the Conservatives are the Conservatives.
Why is there a liberal party?
Liberalism is a counterbalance to conservatism. Liberals in America tend to espouse social causes and prefer "big government." They believe that only the government can solve social issues and expect...
Is the liberal party the same as the democratic party?
The Democrat party is known are know as the liberals.
How liberal is the Australian Liberal Party?
From what chat friends in Australia have told me about their politics, the "conservative" politicians there would make Hillary Clinton and Ted Kennedy look like a Right Wing extremists.