One Nation has raised over $1.8 million in just 24 hours for its "Fire the Liar" campaign, sparking intense debate over whether Australia has permanently shifted to a three-party political system.

 Political Editor Michael Pachi joined Jason Matthews on 4BC Mornings to break down how this massive fundraising surge, backed by moving billboards in the Prime Minister's own electorate, is forcing major parties to reconsider their preference strategies ahead of the next election.