“Sir Winston Churchill – not one to waste a crisis”
[or not take a risk – just ask an Anzac]
“… [Labor’s tax initiatives in the 2026 Federal Budget]
signaled to Australians that economic creativity was
somehow no longer valued by its government,
that we were all best off as wage slaves depositing
our compulsory 12 per cent into super
and looking forward to a government approved modest retirement.
[There was ] no incentive to invest for tomorrow,
create wealth, or help your kids buy their first home. ..
[it was] this thwarting of aspiration,
this failure to reward Australians’graft and endeavour
“ that disappointed me about these rapacious changes...
“that may well cause us the greatest pain ..
as our economic innovation is inevitably stifled by their effect...”
From Robert McMahon, “How Labor has trashed the value of taking risks”-
p6, City News, June 18-24, 2026
Kind sir you demand we spare a thought
For the hustle and worry and tension
Of spending our wealth on things that are bought
That grow in value, and don’t rest on the pension
Earned by salaried clerks who need never leave desks
And meekly rely on the SugGestion
To spend their last years in the miserable quest
To complete a life of modest pretension
Yet where is the spark to build up your pile
At the end knowing nothing was spared
In bit coin, o’shore stock or gold mile
To tower o’er what is declared
In his asking of gov’t to mount a bulwark
That must span great chasms of risk
I’ve tried very hard to give genuine thought
Re the good doctor’s lean on the fisc
By an amalgam of profit and loss
So the graft of folks driv’n
– Cut stones grow no moss –
fills with awe the great nation we live in
While the Man sweats it out,
Go for broke or just drop the chancer
When the profit’s in doubt,
Will he crash? Then whose to answer?
Meanwhile…
We plod on our way, constrained by the day
And care little for underprivileg’d off-spring
Not giving a fig for their steep climb to the trig…
Thus making them work for a living.