Chris Trotter thinks that Andrew Little has had a great week.
We disagreed as we shared a short conversation in the offices of Radio Live yesterday, but I have just read his column where he sends a veiled a warning to Andrew Little.
The message to the man he defeated by a single percentage point could not be clearer.
Little expects a lot more from his future Finance Minister than the standard neoliberal commitment to keeping the books in the black. He will not be judging the worth ofÂ Labourâ€™s economic policiesÂ by the level of praise emanating from the business community. For Little, looking after the One Percentâ€™s funds cannot be Labourâ€™s first priority. The critical challenge confronting Labourâ€™s next Finance Minister will be funding the changes so desperately needed by the other Ninety-Nine Percent.
In other words: how does Labour make sure that a rising tide of economic growth lifts more than just the luxury yachts?
Little has strongly hinted that the answer to that question does not lie in the introduction of a Capital Gains Tax, or raising the age of eligibility for superannuation from 65 to 67. New policies, based on the electorateâ€™s most urgent needs, is what Little has asked for, and his promise to review the Shadow Cabinetâ€™s performance in 12 monthsâ€™ time strongly suggests that he means to get them. Littleâ€™s colleagues would be wise to assume that his threshold for failure is set a lot lower than his predecessorsâ€™.Â Read more »