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Why a Rudd-led Labor has surrendered to big business : Comments
By Marko Beljac, published 16/1/2009Rudd and Gillard have learnt the lesson, taught by 'the Latham debacle' - they must earn and keep the 'trust' of corporate Australia.
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Ah Ludwig, but like many, you ignore the fact as to who drives
big business, ie CEOs of large companies. Just examine the
share registery of the top 20 shareholders. Most are Super Funds,
run by managers who want to impress their members with great
returns and those members are in fact Australian workers.
So the wheel comes full circle.
Why do these managers push so hard? Quite simple, they want
to do better then the next guy with whom they are compared,
so that they can ask for a pay rise, if they get results.
Human nature, at its very basic!