I’m a lumberjack and I’m Okay

Outsider/

5 May 2017
| By Industry |
image
image image
expand image

Perception is everything, and Outsider notes that the Federal Treasurer, Scott Morrison, sees himself as a surgeon, not a lumberjack.

How does Outsider know this? Because in the lead-up to this week’s Budget the Treasurer kept referring to his preference for a scalpel over the Australian Labor Party’s use of a chainsaw.

Morrison, you see, sees great merit in a softly-softly approach to policy, particularly to addressing the housing affordability crisis.

“We’ve been careful with our approach. We’ve been careful with the regulatory approach, using that scalpel, not Labor’s chainsaw, because we know that if you take that other approach, you’re at great risk of causing the sort of housing shock that would have real negative economic consequences on Australian families,” the Federal Treasurer told open-mouthed journalists in Canberra last week.

Outsider notes that surgeons, apart from (thankfully) demonstrating great precision, also earn a lot of money.

However references to chainsaws reminded Outsider of the lyrics of the Monty Python “Lumberjack” song, particularly the following verse:

I cut down trees. I wear high heels,
Suspendies, and a bra.
I wish I'd been a girlie,
Just like my dear Papa.

Which reminds Outsider of a certain former Coalition Government minister who was photographed wearing high heels and fishnet stockings, but that is another story.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3