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Prime Minister Julia Gillard knew just who she was talking to when she gave her address to the Australian Industry Group’s annual dinner on October 25. The AIG and its affiliates represent more than 60,000 bosses, according to its website. This includes Veolia, the privatisation juggernaut. But just so she didn’t rustle too many feathers, Gillard spoke to them in the kind of arcane riddles she hoped only they could understand.

“Businesses like making profits”, said Labor leader Julia Gillard on ABC’s Q&A on August 9. She was explaining why Labor opposed the Coalition’s proposal to raise the company tax rate by 1.5%. “If they’ve got to pay more tax and that’s going to cut into their profits, then they’ll think of a way of adding a bit more profit. “What’s the best way of adding a bit more profit in? They put up prices. “It, you know, just stands to common sense reason, doesn’t it?” The Greens lead NSW senate candidate Lee Rhiannon agrees.