The eldest son of George and Ema Lipsey, Augie, as he was known, was most notable, and popular, as a sportsman. A good rugby player in his youth, he later became a keen golfer. As well, he owned and raced horses, an interest that would result in his financial downfall. Although a farmer off and on, he had no farming skills and had to take on other work, in his last years working in a billiard saloon. After marrying an English girl and fathering several children, he proved to be a poor provider for his family. His wife, well liked for her involvement in various worthy causes, especially those organized by the Anglican Church, had to teach dancing and to milk cows to raise money, for Lipsey squandered his inheritance, notably on the Auckland racecourse. His method of meeting his debts and living expenses was to sell land, and although over many years officials tried to prevent this (to protect his family), they gradually let him have his way. Bankrupted twice, on his death his family was left in poverty.