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Posted: 2024-02-07 18:00:00

Peter Dutton and Bill Shorten may not appear to have much in common.

But if he's to be believed, the Liberal leader could end up heading to the next election with a level of policy boldness to rival that of Shorten's ill-fated attempt in 2019.

The then-Labor leader's courageous plan to overhaul negative gearing, capital gains tax and franking credit rules, helped Scott Morrison win the "unwinnable" election. It led to a consensus that oppositions were better off playing it safe on policy and instead trying to win votes by keeping the focus on government failures.

Dutton, however, seems to have other ideas. He may not have produced much policy detail in the 21 months since the last election, but he's talking a big game about what's to come.

This week the Opposition Leader has added "significant" tax changes to the list of things he says he'll put to voters before the next election.

The pledge followed a humbling concession on Labor's Stage 3 tax changes, which the Coalition will now support in the parliament.

Dutton skipped the drawn-out fight

Two weeks ago, when the prime minister first announced his broken promise on Stage 3, Dutton demanded an early election. Liberal MPs variously described Labor's re-jigged tax cuts as class warfare, regressive, shameful, inflationary, and Marxist economics (as the prime minister gleefully listed yesterday).

Now they've agreed to vote for it.

Dutton had little choice but to back in the bigger tax cuts for low-and-middle-income earners. And he managed to avoid a damaging internal row over the capitulation. His colleagues largely agreed this was the least bad option.

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