Australia could soon ditch Queen Elizabeth II under the Anthony Albanese government

Queen Elizabeth II could soon be removed as Australia's Head of State, according to the Australian Labor Party.

Labor is set to renew a push for the land Down Under to become a republic, which would end the nation's Commonwealth rule of more than 120 years.

Prime Minister Anthony Albanese has previously stated that he would like to see the nation become a republic, describing Australia splitting from the monarchy as 'inevitable'.

Albanese's new Assistant Minister for the Republic, Matt Thistlethwaite, has revealed that the federal government will hold talks about extricating itself from the Commonwealth.

"The next logical step is to become a republic.

"As the Queen approaches the twilight of her reign, we think it's time to bring it forward."

According to polling conducted by the Australian Republic Movement, 73 per cent of respondents would vote to leave if a referendum were held on making Australia a republic.

Those are solid numbers when compared with the last referendum on the issue that was held in Australia 23 years ago.

A majority of 54.87 per cent answered 'no' to ditching the Queen.

A close-but-not-quite 45.13 per cent answered 'yes', so Queen Elizabeth II's reign as head of state continued.

So move over Brexit...it's now all about Ausxit.

Thistlethwaite said that it is time for Australia to split as the nation has its own 'unique identity' and 'values'.

"There's no doubt there's an affinity for the Queen and Royal Family, but the Queen herself has said it's a decision for our people, and she's right," he said.