Labor factions restricted

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From the AFR:

Labor has agreed to make it easier to dump an opposition leader than a prime minister, during a special caucus meeting at the Balmain Town Hall on Monday.

The caucus agreed with Prime Minister Kevin Rudd’s proposed rule change that a sitting prime minister could not be dumped unless at least 75 per cent of the caucus signed a petition.

However, after much debate, it was agreed that threshold should be 60 per cent when dumping an opposition leader.

Well, amid the schmozzle of this election, one good thing has happened. This will at least prevent the kind of opportunistic factional putsch that brought Gillard to power, which ought to buffer our democracy against vested interest attacks, whichever Party you favour.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.