Labor’s budget is trying to restore dignity to the modern workplace

The material impact of the reforms on Labour’s budget is significant, but not earth-shattering. So why all the noise and fury?

Because these changes really touch a historical nerve. This budget reverses a trend that has been occurring for decades by strengthening the position of wages as opposed to investment income and, in doing so, tying those wages to home ownership.

This is Labor rolling back the necessary and important process of civilizing employment in Australia. In order to see these changes correctly, their place in history must be understood.