Paul, I agree Jeff's best option is probably to buy a flag pole, they are most likely half the price in the US than they are down here.
However, regarding the so called disadvantage of the composite mast. The stress at the partners is independent of the shape of the rest of the mast, tapered or straight. The reason for tapering is for lightness, tapering does not "spread" forces, the bending forces (or bending moment) decrease as you go higher up the mast tapered or not. It does mean less material is needed higher up the mast, so no strength is lost by tapering.
The composite masts centre of gravity may be higher than a same height 100% wooden mast, but the composite is lighter, so CoG becomes a moot point. I think in this country, where a pair of flag poles (which I need) are around $6000 (if they do, I haven't shop around yet), composites make sense.