Derryn Hinch forms his own political party

Derryn Hinch's Justice Party will stand candidates in all states and territories in next year's federal election.

Veteran broadcaster Derryn Hinch will run for the Senate in Victoria after forming his own party. (AAP)

Veteran broadcaster Derryn Hinch will run for the Senate in Victoria after forming his own political party.

Derryn Hinch's Justice Party will stand candidates in all states and territories in the federal election in 2016.

"The timing is right. Australians are fed up with the quality, or lack of quality, in our judicial system," Mr Hinch said on Sunday night.