In a previous paper, the authors (Stewart & Horneman-Wren 2006) argued that the enactment of the Workplace Relations Amendment (Work Choices) Act 2005 represented a ‘watershed’ in the history of industrial relations in Australia. At that time, Gordon Stewart and Sandy Horneman-Wren (2006, p. 31) argued ‘that there will be no easy or obvious turning back to an era dominated by a comprehensive system of industrial awards, which are maintained by a quasi-social partnership of governments, trade unions, employer associations and tribunal members’. They further argued that ‘the movement away from the conciliation and arbitration power towards the corporations power of the Commonwealth Constitution has substance’. Be that as it may, the purpose of this particular paper is to assess the extent to which the Rudd Government’s industrial relations legislation (both enacted and proposed) modifies or qualifies this assessment of the significance of the Howard Government’s Workplace Relations Amendment (Work Choices) Act 2005.