Labor’s shifting of the chairs on the deck of its powerful cruise liner goes some of the way but perhaps more needs to be done to make the party for victory at the next federal poll. The political landscape has changed since the first half of the year , when it seemed that nothing Labor did could cut through. Covid has scotched that deathless purgatory and the party is now setting its sights on government. A few niggling obstacles remained to be cleared away when I wrote that post. One which had been removed, and which I refer to in the story linked above, is the decision to reverse a policy on franking credits. This is where people who get income from shares are paid the equivalent of what the company those shares are linked to paid in corporate tax. For context, a relevant media story appeared on 2 January: Labor has been reevaluating its prospects since then and has now dumped two other signature tax policies – the one that would’ve seen the ability to deduct expenses relating ...