Under Labor, 'no ticket, no start' is back

Unions will also have the right to be a party to an agreement where just one employee in a business is a member while every worker will have a union application form stuck under their nose each time they start a new job as part of Labor's revised "information statement".

But worst of all, Labor's centralised system allows for pattern and so-called good faith bargaining across entire industries. This, combined with FWA's centralised wage setting power, will have a profound impact on inflation as wage pressure will spill across different economic sectors. Interest rates will suffer.

It is now clear the big economic picture will always take a back seat to union demands under Rudd's Labor.

As Combet mused to The Australian last June: "I recall we used to run the country and it would not be a bad thing if we did again." He doesn't have to muse any longer. Rudd has delivered a policy that gives union bosses exactly what they want.