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THE NAVY SlfiO - Navy League of Australia

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Your Credit Union Has a<br />

New Look and New Services<br />

AUSTRALIAN<br />

DEFENCE<br />

CREDIT UNION<br />

Serving You. Wherever You Serve.<br />

We've changed our logo and our motto -<br />

but not our philosophy.<br />

That is to serve and protect the financial<br />

interests <strong>of</strong> past and present members <strong>of</strong><br />

<strong>Australia</strong>'s Defence Forces and their families.<br />

The design <strong>of</strong> our new logo reflects this<br />

philosophy. The uniquely <strong>Australia</strong>n seven<br />

pointed star on a blue background represents<br />

the Commonwealth <strong>of</strong> <strong>Australia</strong>.<br />

The red triangle positioned within the<br />

star represents our members and the<br />

protection provided by their Credit Union.<br />

Our new motto is our promise to<br />

members: "To serve you. wherever you serve"<br />

with financial products, new services and<br />

financial advice that understand the special<br />

needs <strong>of</strong> <strong>Australia</strong>'s Defence Forces.<br />

The first <strong>of</strong> our new services in the<br />

LOAN-HELP Line. From now on. members (or<br />

prospective members) can get immediate<br />

advice on our wide range <strong>of</strong> loans -<br />

wherever<br />

you are serving - simply by phoning (toll free)<br />

the LOAN-HELP Line on I 800 814 483.<br />

If you would like any information about<br />

membership or the services and products <strong>of</strong><br />

<strong>Australia</strong>n Defence Credit Union, phone<br />

(02) 207 2900 and we'll be proud to serve you<br />

- wherever you serve.<br />

I loan enquiries coll the Toll Free LOAN-HELP Line on 1 800 814 483<br />

For oil other enquiries call Head Office on (02) 207 2900<br />

Auwroiior Dd*nc* Cradii Uruon lytMiad IncorporaMd .n NSW und*> Fmonool IntMuftont (NSW) Cod*<br />

Al»o 'cqifoed \1 V I Ki4»it<<br />

AM KAN 'KM'<br />

Hon Srtrrlait Km^i r BUlhnun II<br />

Irlrpttom- .IHI AVI J.MHH<br />

NIW SOUIHVV Alts DIVISION<br />

Patron; M» I »«.-tl«f* \ lh«- Cxnrtr<br />

Prr»ulml:k Allan AM KID K<br />

Hon. *rtirlar« I' : (»» Mfi «>'<br />

I«lr|4*.n, .•«».•.<br />

VICIORIAN DIVISION<br />

cost free. The war resulted in<br />

nearly 34,000 <strong>Australia</strong>n dead.<br />

So. while rightly viewing the<br />

anniversary as a lime to<br />

celebrate a victory, it will also<br />

be a time lo remember those<br />

who will not be able to join<br />

in.<br />

Celebration, rememberance,<br />

nostalgia. All have their place<br />

al suc h a lime. And maybe we<br />

might also reflect on the<br />

lessons learned. After 50 years<br />

much will l>e forgotten. Much<br />

will also be re-written to suit<br />

contemporary views. Onelesson<br />

that should have been<br />

learned and ought nol be<br />

forgotten is the extent <strong>of</strong> our<br />

unpreparedness in 1939.<br />

Coinc iding wilh ihe 50th<br />

anniversary <strong>of</strong> VE day was this<br />

<strong>THE</strong> <strong>NAVY</strong> LEAGUE OF<br />

.il New South V><br />

I KID (411 H"«<br />

HonSrorUO K I) IS-oRon KID II > H... M I K<br />

AUSIRAIIANC APIIAI IIRRIIORV DIVISION<br />

Pjlron: V.m-.ijl s.i \H|.i> smith \( KHI S<br />

year's Federal budget. This<br />

budget was framed at a lime <strong>of</strong><br />

seeming peace and in the<br />

environment <strong>of</strong> constant<br />

demands for fiscal tightness on<br />

the part <strong>of</strong> Government. In the<br />

event there were what were<br />

described as "marginal cuts"<br />

in defence spending. In fact a<br />

decision had previously been<br />

made for there to be a 0.5 per<br />

cent reduction in defence<br />

spending in this year's budget.<br />

The outcome largely reflected<br />

this decision. Defence<br />

expenditure is now down to<br />

two per cent <strong>of</strong> GDP.<br />

It is to be hoped thai<br />

financial pressures do not<br />

overcome ihe lessons <strong>of</strong> Ihe<br />

past. No one suggests that<br />

<strong>Australia</strong> is about lo be<br />

attacked. There is not<br />

AUSTRALIA<br />

Prrwdml M A linrfiK. AM<br />

Hon Sr«>(tarv I SI M.h.«. I.MmiMm- ( A< I<br />

SOUIH AUSIRAI IAN DIVISION<br />

fitiun. H.'t I Iirllrnv thr (

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