Sort of, right wing refers to people with Conservative views and left wing refers to people with Liberal views.
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the communist Party
The main right wing parties in Australian politics are Family First Party (FFP), Liberal Party of Australia (Lib) and the National Party of Australia (Nat).
those that broke away from the two major political parties
The most left wing American party is more right winged than the most conservative Canadian political party.
The classic diagram of political ideologies places liberals to the left and conservatives to the right, so "left-wing" refers to liberals.