Is this Rudd's 'New Labour' party?

Rudd's latest proposal is to change how the Australian Labour Party elects its parliamentary leader.  In an act of political retribution, Rudd is moving swiftly to consolidate his place as leader and take full advantage of the rapid upswing in the ALP's fortunes.  To the victor go the spoils.

Instead of the party caucus solely electing the leader, Rudd's proposal is a 50:50 split between MPs and the rank-and-file ALP members.  Rudd proposes three 'triggers': for a leadership spill: the leader's resignation, a federal election loss, and a 75 percent no confidence vote by party caucus.