“Just as with my prior decision to switch party rooms, this is not a decision I make lightly. Today’s choice carries significant responsibility, which I wholeheartedly accept,” Price stated.

“There is no question that returning to our roots as a party is critical right now.

“To inspire and empower Australians nationwide, we must return to our foundational principles—these core values—that truly embody our party’s identity.”

She has previously sat with the Nationals but has announced she will move to sit with the Liberals in Canberra ahead of when the party meets on Tuesday.

The Northern Territory Senator said she wants to represent the “forgotten” Australians.

“I think of my grandparents, who were by no means the elite, building their first home by hand with hessian bags and washing their clothes in the creek in Warners Bay, NSW,” Price continued.

“But they saw a spark, a vision of a brighter future for generations to come.

“My Warlpiri grandparents caught the vision and transitioned from nomadic desert life into community life during the emergence of a modern Australia.

“They were the original Aussie battlers – the forgotten people.”

The Coalition is set to vote for a new leader on Tuesday.

Prime Minister Anthony Albanese’s new ministry will be sworn in on the same day.

Taylor made his official bid for leadership on Friday, while Liberal deputy leader Sussan Ley is also vying for the job.