Earlier quoted context omitted.
Wait, if the Conservative party decided to destroy it how is that the fault of the Liberal Party?
The Liberal party is the conservative party. No Conservative party in Australia AFAIK. The Liberal party is broadly social-conservative, pro-business. The Labor party is broadly speaking socially liberal and pro-labour.
There's the Family First Party, who merged with Cory Bernardi's Australian Conservatives. There's also the Christian Democratic Party (Fred Nile).