I find it funny all the talk about the Carbon Tax, or the Mining Profits Super Tax which ended Rudd. The Liberals plan on having a Carbon Tax, they just beat it up to get political gain. In fact, the current proposed Labor tax is very similar to the Liberals plan should they get into office.
The fact is Australia faces a two speed economy - the challenge is to redistribute wealth from the booming mining sector to the general ecconomy to balance the whole thing out.
Tax and investment in new growth industries is the way to do it. Both Labor and Liberal parties have recognised this. The rest is just political games.
On generating wealth, investing in next generation technology and infrastructure while we are cashed up is increadibly important. Not enough money went to nation building under Howard, while Labor has a mixed report card; done some good (NBN) but also wasted a lot (pink bats).