Risky business

“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.

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