Conservative Australian lady on vacation gives generously (9)

I believe the answer is:

liberally

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'generously' is the definition.
(I know that generously can be written as liberally)

'conservative australian lady on vacation' is the wordplay.
'conservative australian' becomes 'liberal' (I can't explain this - if you can you should believe this answer much more).
'on vacation' means to remove the middle letters.
'lady' with its middle removed is 'ly'.
'liberal'+'ly'='LIBERALLY'

'gives' is the link.

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I've seen this clue in the Sydney Morning Herald.

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