Hi Peter,
Okay, here are the lyrics as I have them, with Alan Avon's contribution:

IT'S GOOD NEWS WEEK (J.King)

It's good news week,
Someone's dropped a bomb somewhere,
Contaminating atmosphere,
And blackening the sky.

It's good news week,
Someone's found a way to give
The rotting dead a will to live,
Go on and never die.

Have you heard the news?
What did it say?
Who's won that race?
What's the weather like today?

It's good news week,
We have stemmed the need for gold,
By stimulating birth control,
And wanting less to eat.

It's good news week,
Doctors finding many ways
Of wrapping brains in metal trays,
To keep us from the heat.