PM Kevin Rudd is working hard to regain a strong relationship between the business community and the Australian Labor Party. Rudd is scheduled to meet with Business Council of Australia representatives with Finance Minister Penny Wong calling the move as one of the priorities of the new Labor-led government.

Finance Minister Wong says she and PM Rudd will make sure they will be able to have a good preliminary discussion about the things that matter to the nation's future. Wong says they will talk about productivity issues and how to handle the current changes in the global economy.

Newly-installed prime minister of Australia, Kevin Rudd wants to rebuild business ties by initiating a meeting with the Business Council.

Senator Wong shied away from reporters for confirming claims about the Labor party having a poor relationship with the business community under the leadership of former Prime Minister Julia Gillard.

Wong says she doesn't want to deal with the criticism of what happened before Rudd's time. Shadow attorney-general George Brandis said the meeting will go smoothly with pictures of a "warm embrace" between Rudd and the members of the business community.

However, Senator Brandis takes note of Kevin Rudd's acceptance speech concerning the end of the class war rhetoric. He said it was Kevin Rudd who began the war on class rhetoric as indicated in his essay debating against neo-liberal economics.

Recently, Kevin Rudd called out for Opposition leader Tony Abbott to engage in an economic debate. Abbott declined the offer. Senator Wong said Rudd was not calling out Abbott for a publicity stunt. According to Wong, Tony Abbott refused the offer to debate because he knows the facts do not help his "scare" campaign.

Tony Abbott welcomed the news of Rudd meeting with the Business Council but wonders if there will be changes to Australian Labor policy. Abbott says nothing has changed with Rudd just "all talk and no action."

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