The 1932 Victorian state election was held in the Australian state of Victoria on Saturday 14 May 1932 to elect 44 of the 65 members of the state's Legislative Assembly. The other 21 seats were uncontested.
The VictorianCountry Party and the Country Progressive Party—two separate parties representing rural interests—amalgamated in late 1930 to form the United Country Party. After years of negotiations, between 300 and 400 delegates of the parties met at a joint conference, and on 23 September, voted to amalgamate into a single party. The proposal was put to the parties' branches, and confirmed at a joint meeting of their parliamentary parties on 28 October.
In 1931, the federal Nationalist Party of Australia merged with a group of defectors from the Labor Party who supported Joseph Lyons, and formed the UnitedAustralia Party. A meeting of the state Nationalist Party on 15 September 1931 confirmed the name change of the party's state branch in line with the federal party.
One of the key factors in the 1932 election was the Premiers' Plan—a deflationary economic policy to negate the effects of the Great Depression—which had been agreed to by Australia's state Premiers in June 1931. Although supported by Victoria's Labor Premier, Edmond Hogan, several of his ministers, and a majority of the Labor parliamentary caucus, the Labor Party in general did not support the plan—a meeting of the Victorian Labor Conference in August 1931 passed a motion 143 to 87 opposing the plan, and calling upon the Victorian parliament to reject any legislation to enact it. Suffering from ill health, Hogan departed by sea to London in February 1932 and arrived in April. Although his journey was principally a "health trip", he also undertook to perform some official duties, including investigating the functions of the Agent-General's office, and marketing Victorian products in the United Kingdom. On 12 April, opposition leader Sir Stanley Argyle gave notice that he would raise a motion of no confidence against the government, following what he saw as an equivocal reply from the Acting Premier, Tom Tunnecliffe, to a question regarding the government's intentions to re-enact the Financial Emergency Act—in effect, a continuation of the Premiers' Plan. On 13 April, Argyle's motion was carried, defeating the government in the assembly. Tunnecliffe consulted the Lieutenant Governor, and the parliament sat on 19 April to pass the supply bill and was then prorogued with the Assembly dissolved. As Hogan was overseas when the election was called, the Labor Party was led into the election by Tunnecliffe. As cables from Hogan affirmed his support of the plan which included wage reductions, the central executive of the Victorian Labor Party refused to endorse Hogan as the Labor candidate for the seat of Warrenheip and Grenville, nor Ernie Bond for the seat of Port Fairy and Glenelg. Despite Tunnecliffe's denials, Hogan confirmed via cable that the government had offered him the role of Agent-General which he had declined.