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Showing posts with label Cost of superannuation. Show all posts
Showing posts with label Cost of superannuation. Show all posts

Monday, June 29, 2026

Damien Grant: Why default is inevitable under our current fiscal trajectory


I’d ignored the Budget. I am good at ignoring things. Dental appointments. Column deadlines. Parking fines. Eventually they catch up with me. Like death, taxes and tooth decay.

It was the American polymath Benjamin Franklin who is credited with the quip that only death and taxes can be certain and a few wags have pondered that perhaps he meant debt and taxes. It’s a good joke but what Franklin actually wrote was “... excepté la mort et les impôts.”

That’s French. Franklin was writing in French. Dette and mort don’t rhyme. And given everyone his age had false teeth I think tooth decay should have been included. I am off-track.