Sir Winston Churchill's Triumph and Tragedy, the sixth volume of his Nobel Prize-winning series The Second World War, reflects on victory marred by the failure to achieve lasting peace. Similarly, this volume argues that the Federal Coalition's nine-year tenure, despite electoral successes, resulted in little triumph. It critiques policy failures, political shortcomings, and governance lapses, highlighting the coalition's inability to leave a distinct mark on national direction. Contributors assess the coalition's performance through the lens of Liberal values and promises, offering insights into key policy areas. Exploring the Liberal-National partnership's shortcomings, this volume prompts reflection on future reforms.