The New Guard was formed in Sydney, Australia in February 1931 as a paramilitary offshoot from a conservative tradition defending loyalty to King and Empire, sound government, law and order, individual liberty and property rights. In particular, the movement was formed in response to the policies adopted by Jack Lang, the leader of the Labor Party and Premier of New South Wales It was led by Lt. Colonel Eric Campbell, a First World War veteran. The New Guard declined rapidly following Lang's dismissal in May 1932, with its remaining members becoming increasingly inclined towards fascism. Still led by Campbell, the movement unsuccessfully attempted to enter parliament at the 1935 state election (running as the Centre Party), but disbanded completely shortly after.
Politically, the end of the Great War in 1918 left Australians unusually discontented and polarised. Venomous campaigns for the 1916-1917 conscription plebiscites had contributed a heavy dose of sectarianism and of rhetoric about disloyalty and extremism. The 1917 Australian General Strike had also left a bitter legacy. The union movement resented the vindictive suppression of the strike; conservatives saw the strike as proof of union extremism sparked by foreign theorists. Similarly, Bolshevik success in the 1917 October Revolution in Russia increased the credibility of a revolutionary strategy in the eyes both of those who feared it and of those who favoured it.