It's interesting how the Australian political dynamics change. The latest opinion polls have really given Labor a boost. Mr Rudd is busily changing things, although the more they change, the more some things stay the same. Mr Abbott is struggling to respond and as a consequence has done a few silly things. With their standard writing parameters upset, the media is struggling to work out how to deal with it all.
In the midst of all the turmoil, watch the economy. This will finally lay down the parameters of the policy debate, and the Australian economy has entered a very interesting phase. My feeling is that Mr Rudd is in no haste to rush to an election. The longer he delays, the longer current economic trends have to work themselves out.