ELECTION ISSUE THE GRADUATE UNION of The University of Melbourne Inc.
PERIODICAL NEWSLETTER OF THE GRADUATE UNION OF THE UNIVERSITY OF MELBOURNE INCORPORATED PRINT POST APPROVED PP337834/00022 REGISTERED ASSOCIATION No. AA0023234B April 2005 Volume 58 No. 2 www.graduatehouse.com.au
A FIRST FOR THE GRADUATE UNION AND THE COMMITTEE OF CONVOCATION
CONTENTS Calendar Of Graduate House Events New Members Letters Graduate Council News Annual Report Statement Of Financial Performance Statement Of Financial Position Notes To The Financial Statements Statement By Council Independent Audit Report Graduate Council Election Candidates’ Statements President’s Report Book Review Valete People at Graduate House Reciprocal Club Review Donations
2 2 2 3 5 5 6 8 8 9 9 10 10 10 11 12 12
The Annual General Meeting of The Graduate Union of The University of Melbourne will be held at Graduate House on Thursday 26 May at 5.30pm. The Agenda for the AGM is enclosed.
On 16 March The Committee of Convocation met at Graduate House University Club. This is the only meeting Convocation has convened at Graduate House and members were first escorted on a tour of the facilities by the Secretary-Warden and the marketing consultant. In addition to the usual Agenda of receiving University reports and statutes and regulations, Professor Peter McPhee and the new executives of the Alumni Office addressed Convocation. Members then adjourned for a dinner which honoured Dr Douglas Daines, Dr Douglas Daines Vice-Principal (Property and Buildings) for his development of University Square, with its harmonious blend of nineteenth-century terrace houses and twenty-first century academic buildings. Secondly, the President of The Graduate Union thanked Dr Daines for his pivotal role with the tunnel project to the underground car park beneath Graduate House - the $4.1m from the University made the new building a reality. Particularly impressive was the blending of technology and architecture that created a synergistic construction. Dr Daines then addressed Convocation on A Vision For The Future Of Bio21 Development. Dr Daines is the only remaining member of the Bio21 group formed by Professor Alan Gilbert and spoke with a deep understanding of the important ramifications of this initiative. This was an impressive overview which gave information to enhance the visit to Bio21 by Convocation later this year. The reaction of Members of Convocation was that the fine facilities and ambience of the Graduate House provide a convenient opportunity for future meetings
Vale The Reverend Dr Davis McCaughey AC Past President of the Graduate Union The Reverend Dr Davis McCaughey AC was one of the most prominent citizens to have been President of the Graduate Union. He was born John Davis McCaughey in Belfast, Northern Ireland, in 1914, and was ordained a Presbyterian minister in 1942, after completing theology at Belfast, following studies at Cambridge University, and New College, Edinburgh. He did not take charge of a parish, but instead worked with the YMCA, the British Council of Churches, and the Student Christian Movement of Great Britain and Ireland. A long period of association with the University of Melbourne commenced in 1953 with his appointment as Professor of New Testament at Ormond College, and continued as Master of Ormond from 1959 to 1979. He joined the University Council in the 1970s, and was deputy chancellor from 1978-1979. After a temporary period overseas, he rejoined the University Council as a representative of the graduates in 1982, and was again appointed Deputy Chancellor. He was also commissioned to prepare a report on the University’s relations with its graduates, and this recommended the formation of a new umbrella organisation, the Alumni Association, originally financed by subscription, but later fully financed by the University, and now automatically embracing all graduates of Melbourne University. In 1981 Davis was chosen by the Graduate Council to become its President, following the death of Maurice Brown. The Vice-President normally introduces a new President at an evening dinner at Graduate House, but on this occasion was unable to be present. The Graduate Council Chairman, Stan Dean, was incapacitated due to an accident, and so, as Vice-Chairman, I was asked to welcome Davis at the evening dinner, although at that time I had not met him, and had to rely on a copy of the entry in Who’s Who in Australia, for background details. Very soon I came to know him well, as a colleague and friend. The many public speeches he delivered were always something special, and he was always ready to provide a copy when requested. He was the first President who regularly attended Graduate Council meetings, and contributed valuably to our discussions. As Governor of Victoria he introduced many innovations, particularly minimising pomp and ceremony, doing away with military ADC’s , Rolls Royces and first class air Continued pg 2
LIFE MEMBERS - your Graduate Union membership card is enclosed
April 2005 volume 58 No.2 1
THE MELBOURNE GRADUATE CALENDAR OF GRADUATE HOUSE EVENTS Forthcoming Luncheons and Dinner 4 May Ms Jennifer Kloester, speaking about author Georgette Heyer 26 May Autumn Dinner (following the AGM) Speaker: Professor Glyn Davis, Vice Chancellor The University of Melbourne 1 June Mr Jock Chedacek: Construction of the Alice Springs to Darwin Railway 6 July Mr John McCredie, author of Survival of the Fortunatean Airman’s Story 3 Aug Mr Bruce Steele: The Unknown Henry Handel Richardson
Regular Events Every Monday Bridge 7.45pm Every Friday Members Night 5pm – 7pm 1st Monday each month Italian Conversation Dinner 6.30 for 7pm 1st Wednesday each month Luncheon, 12.30 for 12.50pm 3rd Wednesday each month Women’s Forum 10am 4th Friday each month Prospective Member Dinner The Melbourne Graduate is normally published four times a year by The Graduate Union of The University of Melbourne Incorporated. It is edited by Geoffrey Dye and Lyn Weston, under the direction of the Graduate Council and its Executive Committee. The Melbourne Graduate welcomes letters from readers and reserves the right to edit them for publication. Please keep word count to a maximum of 250 and address to The Editors, The Melbourne Graduate. Registered Address: The Graduate Union 224 Leicester Street, Carlton Victoria 3053 Australia Telephone: (03) 9347-3428 Facsimile (03) 9347-9981 www.graduatehouse.com.au email: sec@graduatehouse.com.au Printed by: FSG Design & Print 1 Argent Place, Ringwood. 9873 5144
2 April 2005 volume 58 No.2
travel. At the annual Garden parties, ordinary members of the public participated, and Graduate Union members were especially invited. His wife Jean addressed one of our monthly luncheon meetings on the subject of "Living Together", an organisation of which she was co-chair. Their son Patrick addressed another monthly luncheon meeting just before he left the National Gallery of Victoria for a North American posting, and we were fortunate to have Davis and Jean present, at our head table. Davis was the wisest man I ever met, and he told me proudly, but without boasting, how he had overcome a potentially explosive situation at a time of considerable student unrest: he was to propose the loyal toast at the annual Ormond dinner, and it was widely speculated that a number of students might walk out. At the time "Rumpole of the Bailey" was a very popular TV program, and the phrase :"She who must be obeyed" was universally appreciated. So Davis, when he rose to propose the loyal toast, asked those present to charge their glasses, and drink to "He, She or It who must be obeyed". Thus the crisis was averted. I understand it was his proposal that the title "Uniting" rather than "United" was adopted for the amalgamation of Methodist, Presbyterian and Congregational churches, of which he became the first President. The large number of obituary tributes to Davis
reflects his great diversity of interests and active participation in a large variety of organisations – religious, educational, social and political. Both he and Jean were not afraid to speak out for the poor and under-privileged in the community, and were always on the side of tolerance and compassion. Davis and Dr Phillip Law both received the "signal honour" of Honorary Life Membership of the Graduate Union in 1989, and at a special birthday party at Graduate House for Dr Law’s 90th birthday, in 1999, Davis made a speech of thanks following Dr Law’s talk on Antarctica. Since then it has not been possible for him to visit Graduate House, as several years ago he was severely injured by a four-wheel-drive and has since been increasingly confined to a wheelchair. He did, however, retain his interests, and he and Jean welcomed visitors to their home in North Melbourne, in particular discussing university and Graduate Union affairs. In the past few months the Union has lost two of its most valued friends and Honorary Life Members, Dr Davis McCaughey and Dr John Binns, both prominent supporters of public causes, and we miss them greatly. Dr Ron Davey (past Chairman, past Vice-President, Honorary Life Member.)
LETTERS Extract of letter to the Secretary-Warden from Mr Greg Eccleston, Life Member On behalf of the Australian Map Circle’s 2005 Conference Organising Committee, I would like to thank you and your staff most sincerely for the excellent service provided by Graduate House for our recent four-day conference. We appreciated the fact that every effort was made to ensure that the conference went smoothly and that the live in delegaytes were well cared for. In particular we would like to thank the following living treasures at Graduate House: Lyn Weston.., Lauren McKerley.., Kingsley Morrison…, Tim Stephens…. . We would like to make a special thank you to Kingslkey who had been chef for only a week when arrived and whose culinary skills were evident from the beginning. The meals were beautifully cooked and the quantities were just right ……….. . Thank you once again February, 2005 Extract of letter to the President from Heather Davies, University Secretary’s Office On behalf of the Committee of Convocation, it gives me great pleasure to thank you and your staff for the very successful evening the members of the Committee enjoyed at your new Graduate House. I was immediately struck by the cosy ambience of the Lounge and noticed that members who had arrived early certainly looked very comfortable and relaxed, chatting with each other. The layout of the Lounge with the decorous and unobtrusive partitioning created a very special space for members to gather without intruding on the facilities for your members. ………. Every member of the Committee and University staff that I have spoken to were enthusiastic of the facilities at Graduate House which contributed in no small part to the success of the night. The menu was well received and the quality of the food was commended……… It is thanks to you, to your staff including Eugene, Lyn and Rebecca as well as your chef and stewards and others behind the scenes that the evening was such a success. ….. March, 2005
NEW MEMBERS The following new members joined the Graduate Union in the period February to April 2005. We welcome them and look forward to their participation in our members’ programs. Life Members Prof Emeritus Geoffrey Harcourt joined in 1964.BCom(Hons) (Melb)1954, MCom(Melb)1956, PhD(Camb)1960, LittD(Camb)1988. Hon Degrees: Hon.Litt.D(de Mountfort)1997, Hon.D.Com(Melb)2003, HonD.Pol Econ(Fribourg,Switzerland)2003. General Members Mr Peter Cliff, BDS(Adel) Dr Fiona Chow, MBBS, FRACP Mr Peter Donelly, BA, MA Dr Carolyn Evans, BA, LLB(Hons), DPhil(Oxford) Ms Patricia Holt, BA(Macquarie), MA, GradDip(Monash), PhD(Curtin) Ms Marie Joyce, BA(Hons), MEdPsych, PhD Ms Jennifer Lyndon, BA Ms Marianne Macartney, BA(Monash), BEd(UNE) Mr Ian Morrison, BEc, LLB(Syd) Mr Paul O’Brien, BSc, DipEd Ms Janice Powell, BA, BEc(ANU), GradDip Mr Joshua Puls, BA(Hons) Mr David Sparks, BSc(UNSW)ElectronicDip(RMIT) Mr Tony Vriends, BA, LLB(Monash) Mr William Weston LLB, BA, LLM, MA All degrees are from University of Melbourne unless otherwise noted. Degrees are stated as presented on members’ application forms
THE MELBOURNE GRADUATE
ANNUAL REPORT Your Council presents its report on the Association for the financial year ended 31 December 2004 The names of Graduate Council members are listed below: President Mr F A Lees (from 8 June 2004) Vice-President Dr R W Gibson Chairman Mr N J Taylor Vice-Chairman Dr D A McCredie Ex-officio and nominees of Vice-Chancellor Position vacant Position vacant Twelve elected members Until May 2007 Dr D T Bellair (from May 2004) Dr D A McCredie (from May 2004) Mr J A Binns (from May 2004) Ms C A Kidston (from May 2004) Until May 2006 Mrs E A La-China (nee Shellard) (from May 2003) Mr A G Cleghorn (from May 2003) Mr N J Taylor (from May 2004) Mr G Duxbury (from May 2003) Until May 2005 Dr J C Binns (dec’d) (from May 2002) Dr R W Gibson (from May 2002) Ms M Panichi (from May 2002) Ms M R Robins (from May 2002) Nature of operations and principal activities The principal activities during the year were the conduct of a residential postgraduate college affiliated with the University of Melbourne, and the provision of facilities for members of the Graduate Union to enjoy social and intellectual activities. There was no significant change in the nature of these activities during the year. However, the dominant influence on Graduate Union activities during 2004 was the erection of the new building. The construction commenced on schedule but the payments to the contractors were spread further into the year than was originally envisaged. This meant that there was a greater amount of interest earned ($175,577) than budgeted. This was probably the single most important factor causing a better than budgeted outcome. Results and review of operations. The result of operations is a surplus of $182,850 (previous year $278,379) which is added to accumulated members’ funds. Regular monitoring of budgeted plans confirmed careful control of all expenses. The maintenance of occupancy levels at 87.84 per cent over the full year and frequently about 90 percent ensured the maintenance of revenue. The
residential operations thus contributed to the surplus. This means that the expansion into the new building is based on well managed and soundly performing operations. The Terraces At the beginning of the year there remained some works to complete the renovation of rooms. During the past three years the renovation of all rooms in the terraces has been achieved and the installation of fire sprinklers. All of this has been funded from normal recurring cash revenues and some donations. New Building At the date of the accounts the new building remained construction in progress and is accounted for accordingly. During the year an order was obtained from the Supreme Court of Victoria pertaining to the Graduate House Extension Reserve which has been offset against the cost of the new building. The new building has also been credited with the amount of $137,803 which was contributed to the Special Building Appeal Reserve, together with the Building Administrative Reserve of $423,010. The new building is shown in the accounts of The Graduate Union at $5,116,679. In accordance with contemporary accounting standards it is expected that all real property assets will be revalued before the completion of the accounts for the next financial year. To ensure adequate finance is available to complete the new building and associated works, negotiations were entered into with the National Australia Bank Ltd. This led to arrangements to raise a fixed interest bill facility of $1,000,000 for ten years at a cost of 6.24 per cent per annum. At the end of December 2004 the amount borrowed was $1,000,000. Graduate Council considered that the prospect of a debt of $1,000,000 at the end of 10 years was reasonable given that the Graduate Union has real property assets with a market value at this time exceeding $10,000,000. Facilities were also agreed for a further $1,000,000 should additional funds be required. This facility is at variable interest rates on a rollover basis with the capacity to repay at any time. Achievements The achievements summarised in the financial statements reflect a continuous attention to detail by the honorary officers and the executive staff of the Graduate Union. Graduate Council met seven times, the House Board five times, Membership Committee seven times, Accounting and Audit three times, Fundraising three times and Development Committee five times. In addition, the Secretary-Warden and the Chairman of the Development Committee joined with the architects, engineers and quantity surveyors in regular meetings with the representatives of the building contractors. These meetings were originally
April 2005 volume 58 No.2
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THE MELBOURNE GRADUATE monthly but from September became weekly meetings. Staff The Secretary-Warden Eugene Spanti has made a contribution way beyond normal expectations of an executive officer in monitoring details of the new building. In particular he has supervised the input of consultants for the kitchen design and the specification and supply of furniture and fittings. He has been supported by the Assistant Secretary Lyn Weston maintaining the details of the association structure and the committee processes already alluded to. Lauren McKerley has ensured that the general office has operated efficiently, operated the booking in of residents and the collection of charges. Johnny Gasparotto the chef, together with Christopher Kalyvis, the kitchen assistant, Margaret Schintler and Rosie Ellul, housekeepers and Lou Tarquinio, maintenance and handyman have all contributed to a smooth working team to care for the needs of the residents in the house which would be a less happy place if any part of this team failed to support the rest. The year 2005 will be a challenging one as The Graduate Union moves forward with its enhanced facilities. There will need to be change to ensure the best and fullest utilisation of the new building and the enhanced facilities in the original terraces and the repair and refurbishment of the corridors of the seven terraces is planned for 2005. Budgeted outcomes at the time of this report have been set with conservative objectives on occupancy. The Graduate Council believes it is sensible to set forth with objectives which are achievable although it may take some time to reach the desirable operating results. Members can expect the Graduate Council to report regularly to members on the progress down this path.
Membership There were 2,126 members at the end of 2004 of whom 1,590 were Life members. It is anticipated that the increased social opportunities made available with the opening of the new building will attract new members and increase business opportunities. Councillors An election was not required in 2004 as there were four members nominated, filling the four positions becoming vacant. Mr John Gill died in February creating a vacancy which was filled by Ms Cheryl Kidston’s election to Council at the Annual General Meeting in May. John Gill was a Life Member from 1959 and served on Council for six years and died in office. He was Chairman of the Development Committee during the planning and commencement of the new building. Dr John Binns died in December and Mr Darren Room was appointed to fill the casual vacancy at the meeting of Graduate Council in February 2005 until the 2005 Annual General Meeting. John Binns was a member from 1956. He served on Council for eight years, Chairman of House Board from 1996-99 and became Chairman of Council in 1999. Significant events after year-end There have been no significant events, other than what has been referred to in this report, since 31 December 2004 which may affect the operations or financial position of the Graduate Union. Future developments We look forward to an exciting future with the new building scheduled to come into operation early in 2005. Signed pursuant to a resolution of Council. Mr Neil Taylor Chairman 12 April, 2005
Attendance at Council and Committees (*part year only) Council Councillors Mr F Lees Dr R Gibson Dr D Bellair Mr N Taylor Mrs E LaChina Mr A Cleghorn Mr G Duxbury Dr J Binns (dec’d) M R Robins Mrs M Panichi Dr D McCredie Mr A Binns Ms C Kidston
Mtgs held 7 7 7 7 7 7 7 7 7 7 7 7 7
4 April 2005 volume 58 No.2
No Attd. 6 4 7 6 3 7 7 2 5 6 6 5 3*
House Board Mtgs held
No Attd.
5 5 5
4 5 0*
5
1
5 5
5 4*
Acct&Audit Mtgs held
No Attd.
3 3 3
3 3 3
3 3
2* 1
Membership
Developmnt
Mtgs held
No Attd.
Mtgs held
No Attd
7 7 7 7
1 7 2 6 7
5 5 5 5 5
4 1 1 4 4
5
2
5
2
7 7 7 7
6 7 6 7
Fundraising Mtgs held
No Attd
3 3
1 2
3 3
3 0
3
3
THE MELBOURNE GRADUATE STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 December 2004 2004 $
2003 $
69,776
68,617
Accommodation
436,930
372,078
Property rentals
17,473
15,582
205,472
226,797
Donations: Building Appeal 47,988
82,880
INCOME Subscriptions
Catering Donations: Other Interest received Other income
6,950
108,382
175,577
248,009
14,280
15,866
974,446 1,138,211
STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 December 2004 2004 2003 $ $ CURRENT ASSETS Cash (See Note 4(a)) Receivables Stock (See Note 4(b)) Prepayments TOTAL CURRENT ASSETS NON-CURRENT ASSETS Property, plant & equipment (See Note 5) TOTAL NON-CURRENT ASSETS TOTAL ASSETS
581,595 186,839 12,667 20,014 801,115
4,892,202 45,118 13,987 19,447 4,970,754
11,799,258
7,542,936
11,799,258 12,600,373
7,542,936 12,513,690
137,214 17,586 154,800
EXPENDITURE Employment costs
421,121
380,337
CURRENT LIABILITIES
Catering supplies
102,618
104,976
Utilities
65,377
64,884
Creditors and borrowings (See Note 6)
Communication costs
49,817
44,616
Provisions (See Note 7)
286,658 36,025
9,713
9,371
Professional fees
35,968
55,771
TOTAL CURRENT LIABILITIES
322,683
Legal expenses
11,163
292
Insurances
22,571
21,124
Interest & bank charges
29,969
15,371
Repairs & maintenance
27,608
147,997
Depreciation
15,671
15,093
Rates & government taxes
791,596
859,832
182,850
278,379
NON-CURRENT LIABILITIES Creditors and borrowings (See Note 6)
1,000,000
16,619
TOTAL NON-CURRENT LIABILITIES
1,000,000
16,619
TOTAL LIABILITIES NET SURPLUS
NET ASSETS LESS ABNORMAL ITEM Donations Building Appeal 47,988
NET SURPLUS 134,862 (After deducting Building ===== Appeal Donations)
82,880
195,499 ======
1,322,683
171,419
11,277,690
12,342,271
10,764,489 513,201 11,277,690 ========
11,951,397 390,874 12,342,271 ========
MEMBERS’ EQUITY Reserves (See Note 8) Retained Funds (See Note 11) TOTAL MEMBERS’ FUNDS
April 2005 volume 58 No.2
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THE MELBOURNE GRADUATE 2004 $ The accompanying notes form part of these financial statements NOTES TO THE FINANCIAL STATEMENTS 1(a) STATEMENT OF ACCOUNTING POLICIES These financial statements are a special purpose financial report prepared for use by members of the Association. The Council has determined that the Association is not a reporting entity. The statements are prepared in accordance with the requirements of applicable Accounting Standards and other mandatory professional reporting requirements in accordance with Schedule 1 of Associations Incorporation (Prescribed Particulars) Regulations 2001. The statements are prepared on an accruals basis and are based on historic costs and do not take into account changing money values or, except where specifically stated, current valuations of non-current assets. The following material accounting policies, which are consistent with the previous period unless otherwise stated, have been adopted in the preparation of this financial report. 1(b) DEPRECIATION OF FIXED ASSETS Depreciation is calculated on the straight line basis for plant and equipment and diminishing balance for motor vehicles. 1(c) VALUATION OF PROPERTY (LAND & BUILDINGS). Graduate Council received advice from professionals in real estate prior to deciding to adopt valuations in the 2001 accounts for land and buildings. 1(d) OPERATING REVENUE Details of operating revenue are in the Statement of Financial Performance. Consistent with the previous year, life subscriptions & donations have been brought to account on a cash-received basis. In 2004, all subscriptions have now been brought to account on a cash-received basis. This increased the 2004 surplus by approximately $10,000. This policy is considered appropriate by the Council. 1(e) INCOME TAX The Association’s income is exempt from income tax by virtue of Section 23(e) of the Income Tax Assessment Act 1936 (as amended). 2.
AUDITOR’S REMUNERATION
For audit of accounts 5,200 6,668 For other services Nil Nil (no other benefits were received by the auditor)
4.
(a) CASH
Term Deposits Melbourne University Cash Float Building Appeal Account Cash at Bank
4.
COUNCIL MEMBERS’ EMOLUMENTS
The Council members of the Graduate Union of the University of Melbourne Inc have not received and do not receive any remuneration for their services.
6 April 2005 volume 58 No.2
4,808,842
1,000 137,278 45,581 581,595
1,000 84,230 (1,870) 4,892,202
10,896 1,771 12,667
13,267 720 13,987
PROPERTY, PLANT AND EQUIPMENT
(a) Existing Properties (i) Nos 210-214 Leicester Street, Carlton Freehold land and buildings at Council’s valuation November 2001 1,950,000 1,950,000 1,950,000
1,950,000
(ii) Nos 222-228 Leicester Street, Carlton Freehold land and buildings at Council’s valuation November 2001 2,600,000 2,600,000 2,600,000 2,600,000 2,600,000 2,600,000 (iii) Nos 230-234 Leicester Street, Carlton Freehold land and buildings at Council’s valuation November 2001 1,950,000 1,950,000 6,500,000
6,500,000
(b) Property Development The Graduate Union entered into a contract with Contract Control Constructions Pty Ltd to erect a 4storey residential accommodation building at 216-220 Leicester Street, Carlton. After the addition of consultants (architects, engineers and quantity surveyors) fees, the total project cost to date is detailed below. Furthermore, your Council has elected to transfer Building Reserves accumulated since 1980 to the carrying value of the new Building in the Accounts. During 2005, a complete revaluation of land and buildings held by The Graduate Union will be undertaken, however, your Council believes the revalued land and buildings will be not less than the present carrying value. 765,156
597,336
(ii) Structure Contributions 162,000
162,000
5,436,953
229,340
6,364,109
988,676
(i) Consulting Fees (iii) Building Costs
3.
397,736
(b) STOCK – AT COST
The Short History books Wine and Jackets
5.
2003 $
(iv) Transfers from Graduate House Extension Reserve, Building &Administrative Reserve & Building Appeal Reserve (1,247,430) _5,116,679
Nil 988,676
THE MELBOURNE GRADUATE 2004 $ (c) Plant and Equipment Plant and equipment at cost 288,040 Provision for depreciation (117,479)
2003 $ 307,624 (268,871)
170,561 (d) Motor Vehicles Motor vehicle at cost Provision for depreciation Total Written Down Value (Items (a) to (d))
38,753
28,490 (16,472)
28,490 (12,983)
12,018
15,507
11,799,258
7,542,936
Capital Commitments Payments made to March 2005 Builder – No.16 & No.17 197,659 Architect 6,764 Consultants __4,645 209,068 Based on the contract and allowing for these payments the balance still to be paid to the builder is $132,833 6. CREDITORS AND BORROWINGS Current Creditors 254,902 Net Accruals 19,359 Hire Purchase Liability 15,579 GST Payable (16,048) Residents’ Bonds 12,866 286,658 Non-Current Members’ Deposits Nil Hire Purchase Liability Nil Secured Fixed Term Bill (due 2014) 1,000,000 1,000,000
Nil Nil Nil Nil
69,777 50,983 5,644 Nil 10,810 137,214 1,040 15,579 Nil 16,619
PROVISIONS Employee Entitlements
36,025
17,586
Other than the provisions raised the Council is not aware of any other contingent liabilities. 8. RESERVES (a) Building and Administrative Reserve Balance at 1 January 423,010 423,010 Less Transfer to Property, Plant & Equipment (423,010) Nil Nil 423,010 (b) Graduate House Extension Reserve Balance at 1 January 680,782 644,730 Interest Credited Nil 29,561 Donations 5,835 6,491 Less Transfer to Property, Plant & equipment (686,617) Nil Balance 31 December Nil 680,782
2003 $
(c) Asset Revaluation Reserve Balance at 1 January 10,744,580 10,744,580 Revaluation Increment Nil Nil Balance 31 December 10,744,580 10,744,580 (d) Residents’ Assistance Reserve Balance at 1 January 18,795 Donations 1,115 Balance 31 December 19,910 (e) Building Appeal Reserve Balance at 1 January 84,230 Donations 47,988 Interest Received 5,585 Less Transfer to Property Plant & Equipment (137,803) Balance 31 December Nil
17,127 1,668 18,795 Nil 82,880 1,350 Nil 84.230
10,764,490 11,951,397 . 9.
A facility with the National Australia Bank Limited of $1M at variable rates is available if required. 7.
2004 $
STATEMENT OF CASHFLOWS
(a) Cashflows from operating activities Members’ subscriptions 56,753 62,777 Accommodation & meals 644,282 620,540 Donations & other income 69,218 203,969 Payments to suppliers & employees (916,936) (883,463) Net cash used in Operating activities (146,683) 3,823 ======= ======= Cashflows from investing activities Property rentals 21,159 15,582 Proceeds from Commercial Bill 1,000,000 Nil Funds expended on re-development Funds expended on asset purchases Interest on property investment accounts Payments relating to property investments Net cash provided by investing activities
(5,220,905)
(664,364)
(129,784)
(220)
173,881
334,870
(8,275) __(10,088) (4,163,924) (324,220) ======= =======
Net increase/(decrease) in cash held (4,310,607) (320,397) Cash at the beginning of the financial year 4,892,202 5,212,599 Cash at the end of the financial year 581,595 4,892,202 ======= ======= (b) Reconciliation of net cash provided by operating activities to operating surplus after abnormal items Operating surplus after abnormal items 182,850 278,379 Depreciation of non current assets 15,671 15,093
April 2005 volume 58 No.2 7
THE MELBOURNE GRADUATE
2004 $
2003 $
Changes in net assets and liabilities Increase/(Decrease) in provision for employee entitlements 18,439 (14,551) Decrease(Increase) in receivables, prepayments and inventory (140,969) 82,984 Increase/(Decrease) in other creditors & borrowings 1,132,825 29,626 Decrease/(Increase) in non-current assets (5,519,423) (711,928) Net Increase/(Decrease) in Cash Held (4,310,607) (320,397) ======== ======= 10. SHARE CAPITAL The Association has no share capital. The Association was incorporated under the provisions of the Associations Incorporation Act on 12 June 1991. 11. RETAINED FUNDS Retained funds at 1 January 390,874
234,445
Add Net Surplus for year
182,850
278,379
Less Interest to Graduate House Extension Reserve
(
(29,561)
Less Interest to Building Appeal Reserve Less Donations transferred to other Reserves Retained Funds at 31 December
Nil) (5,585)
(1,350)
(54,938)
(91,039)
513,201 =======
390,874 =======
12. Following the determination by the Supreme Court of Victoria, The Graduate Union of the University of Melbourne Incorporated is not a trustee of any trust at the date of this report.
STATEMENT BY COUNCIL The Council of The Graduate Union of the University of Melbourne Incorporated is of the opinion that: (a) the accompanying Statement of Financial Performance is drawn up so as to give a true and fair view of the operations of the Association for the year ended 31 December 2004; (b) the accompanying Statement of Financial Position is drawn up so as to give a true and fair view of the state of affairs of the Association for the year ended 31 December 2004 and; (c) there are reasonable grounds to believe that the Association will be able to pay its debts as and when they fall due. By resolution of the Council. N. J. Taylor Chairman E.A. Spanti Secretary-Warden Carlton, 12 April 2005
8 April 2005 volume 58 No.2
A L LAW Chartered Accountant INDEPENDENT AUDIT REPORT TO THE MEMBERS OF THE GRADUATE UNION OF THE UNIVERSITY OF MELBOURNE INCORPORATED Scope I have audited the financial report, being a special purpose financial report, of The Graduate Union of the University of Melbourne Incorporated for the year ended 31 December 2004, as set out in the Annual Report on pages 3 to 8. The Council is responsible for the financial report and has determined that the accounting policies used and described in Note 1 to the financial statements which form part of the financial report are appropriate to meet the needs of the Associations Incorporation Act (Victoria) as amended and the needs of members. I have conducted an independent audit of the financial report in order to express an opinion on it to the members. The financial report has been prepared for distribution to members and for the purpose of fulfilling the financial reporting requirements under the Rules of The Graduate Union and the requirements of the Associations Incorporation Act (Victoria). I disclaim any assumption of responsibility for any reliance on this audit report, or on the financial report to which it relates, to any person other than the members, or for any purpose other than that for which it was prepared. My audit has been conducted in accordance with Australian Auditing Standards. My procedures included examination, on a test basis, of evidence supporting the amounts and other disclosures in the financial report and the evaluation of accounting policies and significant accounting estimates. These procedures have been undertaken to form an opinion as to whether, in all material respects, the financial report is presented fairly in accordance with the accounting policies described in Note 1 so as to present a view which is consistent with my understanding of The Graduate Union’s financial position and performance as represented by the results of its operations and cash flows. The accounting policies do not require the application of all Accounting Standards and other mandatory professional reporting requirements in Australia. The audit opinion expressed in this report has been formed on the above basis.
Audit Opinion In my opinion, the financial report of The Graduate Union of The University of Melbourne Incorporated is in accordance with applicable Australian Accounting Standards so as to give a true and fair view of the financial position of The Graduate Union of The University of Melbourne Incorporated as at 31 December 2004, and the results of its operations and cash flows for the year then ended. A.L. Law FCA Registered Company Auditor Carlton, 12 April 2005
THE MELBOURNE GRADUATE GRADUATE UNION COUNCIL ELECTION General Information As a result of the call for nominations published in the February issue of The Melbourne Graduate six (6) nominations have been received for the four (4) positions to be filled. A poll will therefore be held, with voting closing in the registered office of The Graduate Union at 220 Leicester Street, CARLTON, at 4pm on Thursday, 12 May 2005. A voting paper, a small envelope marked ‘Voting Paper’ and an outer envelope, in which the small envelope containing the voting paper is to be placed, are all enclosed with this newsletter to all members. If you have not received them, please contact the Graduate Union office immediately. Should you have any privacy concerns, you may, having completed the declaration on the envelope addressed to the Returning Officer, enclose that envelope within a larger plain envelope and address it in the manner identical to that shown on the envelope addressed to the Returning Officer, before posting or delivering to the Returning Officer, as directed on the voting paper. Personal Information and Policy Statements Submitted by Candidates Candidates are listed here, and on the voting paper, in the order in which names were determined by lot in the presence of witnesses. The statements, which follow, have been standardised only by listing the surname first, followed by other names, and the listing of degrees and diplomas and the inclusion of the names of the proposer and seconder of the candidate. A complete listing of Council membership during any part of 2004 is set out in the introduction to the Annual Report, commencing on page 3. The members elected in this poll will have terms expiring in May 2008. - Ronald G Ritchie Returning Officer CANDIDATES’ STATEMENTS *PANICHI, Marilyn Laurie, LLM (Melb), DipEd (State Coll of Vic) Proposer – Anne Cassidy Seconder – Allan Laurence McGregor Graduate Council Member since 2002. Served on membership, Solos and Rules committees. Formerly a resident at Janet Clarke Hall. Thirty years academic experience teaching law at Melbourne, Monash and Singapore Universities. Corporate solicitor and Student Legal Adviser. I plan to encourage participation of residents in intercollegiate cultural activities and intervarsity sports. Provision for child care for members is an important future issue. My goals are to promote a vibrant union, expand membership and encourage interaction with the post graduate community. VRIENDS, Antonius John, BA, LLB Proposer – Nymphia Malhotra Seconder – Margaret Munro Hendy Having become a member recently, and seen the development of the new facilities, I want to ensure that the members and residents continue to benefit from a wide variety of functions and events that stimulate discussion and a rich academic life. I wish to foster the relationship between the University of Melbourne and the Graduate Union as one of its primary aims, and encourage a younger generation of graduates to join. I work as a barrister in Melbourne.
GOODMAN, Karina, BA(Hons1stClass) (Melb) Proposer – Andre Gregory Cleghorn Seconder – Barbara Funder I have been a member of the Graduate Union for about six years. Throughout this time I have been on the Mono/Gradlinks Committee, attending monthly planning meetings, organising/hosting events, writing newsletters. I am also a member of the Membership Committee and have taken part in the Solo Standing Committee meeting. If elected to Council I intend to work to increase membership, especially amongst younger members, in order to make the Graduate Union vibrant and viable. RUTH, Johann Patricia, MI&ER(Monash) Proposer – Ronnie Lee-Aik Sim Seconder – John Andrew Binns I am currently the General Manager of the Melbourne Postgraduate Association. Prior to this appointment, I was the Chief Executive Officer of the Monash Student Association and, with its joint venture with Monash University to create a consolidated services entity known as Monyx, became the General Manager for Student Affairs and Assistance across all campuses. Accordingly, with experience in current University and student environments, I hope to assist Council to engage with new graduates and broaden membership. *GIBSON, Robert William, PhD(Cincinnati), MCom(Melb), FCPA, FCIS Proposer – Frank Alfred Moorman Lees Seconder – Neil James Taylor As a member of Graduate Council and Chairman of the Accounting and Audit Committee, I have seen the Graduate Union consolidate its financial position and double its accommodation with the new building. I seek the support of members to continue to work with our excellent staff and other members of Graduate Council to build further on the advances already achieved. Although living on the coast I have regularly travelled to Graduate House and will continue to do so. ROOM, Darren Hamilton, BA(Tas), DipSocStuds(Melb) Proposer – Frank Alfred Moorman Lees Seconder – Neil James Taylor I have been involved with The Graduate Union since 1964, attending functions, meeting and communicating with residents and assisting wherever required. Honoured to be co-opted to House Board and Council, I have endeavoured to contribute to the benefit of residents and members. If elected to Council I will continue to promote the interests of all members, uphold the ideals of the Union and work to sustain present harmony so important to our progress over the past four years.
*Retiring Councillors eligible for re-election
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THE MELBOURNE GRADUATE
PRESIDENT’S REPORT Our AGM Annual Report gives qualitative and quantitative information and the highlights of a successful year. I thank you all the privilege of serving as your President in a year that brought harmony to our Graduate Union. The progress of our new building could not have been achieved without harmony. We should recognize what we have achieved : harmony with our mother university, harmony with our Graduate Union community, harmony within our Council and professional staff. It is only five years since our relationships were fraught with conflict and misunderstanding. At times it was civil war with the University. It is probably timely to comment that a civil war involves two antagonists. Now it is time to move on. The Japanese believe that society must live in harmony with technology. BY JOHN
CHAMPNESS
Passage of Change: Law, Society and Governance in the Pacific Edit Anita Jowitt and Tess Newman Cain, Pub. Pandanus Press ANU, July 2003 rrp $55
With their rich traditions of conflict resolution and peace-making, the Pacific Islands provide a fertile environment for developing new approaches to crime and conflict. This book aims to introduce significant areas of modernization – inspired changes currently faced by Pacific Island communities, largely arising because of tensions between the legal, political and social systems introduced by various colonial powers and the systems of indigenous cultures. These different systems are currently addressing the problems of finding ways to co-exist, adjust and accommodate each other, allowing for participation in a modern global environment. The contributors to these papers includes authors from Vanuatu, Fiji, Solomon Islands, Papua-New Guinea including Bougainville, and outsiders with longstanding interests in the region. They include criminal justice practitioners, scholars, traditional indigenous leaders, and community activists. The book contains not only stories but deals with conflicts in a variety of contexts from interpersonal disputes within communities to large scale conflicts between communities. It also illustrates practical models that combine different traditions that offer the prospect of creating more sustainable resolutions to crime and conflict. Law, as a multi-faceted institution that sets the rules for society, must be examined if resolutions to the tensions are to be achieved. Other significant issues to be resolved in a wide range of areas of substantive law include sustainable management of natural resources, cessation of seemingly endemic political corruption, translation of human rights obligations into domestic law. And others too numerous to mention. Practical law reform exercises also contribute to the development of theory. The book is in five sections: The first deals with the concept of modernisation and the effect on the Pacific societies, with reference to specific legal issues. The second examines ‘corruption’. Why is it endemic? Solutions – an ombudsman. The third focuses specifically on issues surrounding the role of customary law in the Pacific region. Other chapters also relate to issues raised here. The content here illustrates the complexities rife in any discussion relating to custom and law. The authors raise incisive questions rather than provide answers. The fourth section, addressing human rights, continues the issues raised in Section 3. The apparent incompatibility between human rights and custom is the most visible clash of values in the introduced and indigenous legal systems. The issues addressed here underpin the question: ‘What is the place of human rights in the Pacific?’ 10 April 2005 volume 58 No.2
They believe that technology has created what may be called ‘a second spring’ for society and that the integration into our daily lives of improvements brought by technical improvements lead to a more affluent life. Our task in the years ahead is to take these benefits and apply them to the utilization of our new building, with innovative programs for our members and students. I am frequently asked, ‘How do you see our future?’ my reply on 3 December in an address, ‘Two Symbols and Our Future’ was that I am optimistic about our future. Optimism is founded as much on faith as on reason. Author Rollo May gave this advice …. ‘The most effective way to ensure the value of the future is to confront the present courageously and constructively’. And that is what we are now going to address at our 2005 Annual General Meeting.
VALETE Since publication of the February edition of The Melbourne Graduate we have been notified of the deaths of the following members: Mr Walter Armstrong, Life Member joined 1951 Mr Desmond Glynn, Life Member joined 1964 Mr Kevin Green, joined in 1964 Miss Frances Mackay, Life Member joined 1973 Dr Frank Nagle, Life Member joined in 2001 Dr Gordon Wilson, Life Member joined in 1968 The Graduate Union appreciates the support of these members and extends condolences to their families. We regret that space constraints do not allow individual acknowledgement of each deceased member. Gwendolen Ada Grimwade, Life Member joined 1988 (excerpt of a tribute written by her son, Andrew) "Lifetime commitment to the welfare of children" 1-9-1905 – 1710-2004 Gwen Grimwade, who died in her one hundredth year, was a remarkable woman who devoted much of her life to charitable causes, particularly those benefiting children. The eldest daughter of Walter and Ada Carnegie, she was born at ‘Kinnaird’ in Kew. After schooling at Ruyton, Gwen attended The University of Melbourne, winning the Baldwin Spencer prize for Zoology in 1927. Her Zoology workbooks were remarkable for the extraordinary detail and intricate drawings and are now preserved in the university archives. When she graduated with a BA it was as a Grimwade, having married Erick Grimwade in 1928. Gwen was brought up to believe that people play a part in their community and for 76 years her voluntary work involved her with the Ministering Children’s League for underprivileged children (now The Cottage by the Sea, Queenscliff). In 1959 she was invited to join the Board of Management of the Royal Children’s Hospital, which became a major commitment. Gwen had an enormous number of interests – literature, poetry, writing, art, music, ballet, theatre and gardens. Right up until a month before she died, she played an excellent hand of bridge, in her early married life having competed with Erick at Victorian State level. She is remembered for the remarkable expanse of her life, her warmth and love, her kindness, her breadth of friendship, her graciousness and dignity, integrity and old-fashioned courtesy. Her philosophy was to ‘Take courage and count her blessings". Gwen Grimwade is survived by her sons Andrew and James and their wives, eight grandchildren and 15 great-grandchildren.
THE MELBOURNE GRADUATE
PEOPLE AT GRADUATE HOUSE Resident - Ayalew Mergia My name is Ayalew Mergia, I am from Ethiopia and a PhD research student as well as a tutor at the Department of Political Science and Sociology at the University of Melbourne. After living at Ormond College as a Resident Tutor for nearly four years, I moved to the Graduate House last February 2005. Friends from the residential colleges and my Department recommended to me Graduate House as the best and the only residential place for postgraduate students. I found the House and its location so convenient and handy to my work and study. My Department and most other useful places of the university for my purpose are about a minute walking distance from the House. It is also very close to the public transport and to many other amenities. Its multi-racial and cultural residents and environment is also another important factor of attraction of the House and which has to be appreciated. This diversity of these residents, the homelike cosy atmosphere, caring and friendly staff and residents has contributed a great deal to make a resident’s stay very memorable. Last but not least, I am very much impressed by the wonderful and delicious food provided by the House. On this occasion, I would like to thank the management and staff and the Chef of the Graduate House for the warm welcoming, friendly, caring and helpful atmosphere they have established in the House. Because of this atmosphere and the relaxed, friendly ambience and also the security and safety the House provides, I am enjoying living at the Graduate House. Volunteers - Pauline Currie, RSM and Margaret Sheehan, RSM Pauline and Margaret have joined the team of mailout volunteers who meet monthly at Graduate House. Pauline has taught primary and junior secondary classes over thirty years in metropolitan and country Victoria. She has also worked as Co-ordinator in the former Mercy Hostel at Lilydale and more recently a Community Volunteer at Rice Village Aged Care in Marshall, Geelong. Margaret has also had teaching experience over thirty-four years from preparatory to Year 10, with a Principal’s position at Burnie, Tasmania. She has also worked as a parish coordinator in religious Education and for two years supervised a boarding school for fifty boarders. She operated a print room for twenty-one years, assisting 150 staff and 1,400 students. Now, in semiretirement, both ladies enjoy volunteering at Graduate House and other places of interest. We welcome these ladies to the team of volunteers and hope that their association with Graduate House will be enjoyable. Chef - Kingsley Morrison Kingsley replaced chef Johnny Gasparotto who left Graduate House in December. Kingsley was born in London and started his cooking career at Salisbury catering college, where he undertook a two-year full time catering course. After leaving college he began an apprenticeship at the Ritz Hotel, London where he worked for approximately ten months before moving on to the London Intercontinental Hotel. Time in all departments of the Victoria Sporting Club followed and he was promoted to Chef Tournant. In order to further his career in conference and function work he moved on to the Bournemouth Conference Centre. After travelling to Australia on a one year working visa and spending considerable time in Townsville at the International Hotel he decided his future lay in Australia. He returned to the United kingdom where he worked in a number of restaurants
before eventually returning to Australia and settling in Townsville. After a time as executive chef at the Townsville Travelodge he was promoted to the Park Royal Hotel in Perth and two years later he moved to Adelaide, where he worked in various establishments before once again returning to Townsville, where he started a business. Feeling the need for a break, six years later he sold the business, returning once again to the UK. While in Australia he began an MBA at James Cook University Townsville, which he is still in the process of completing. As Head Chef he says: "Although the work is hard, I am thoroughly enjoying the challenge it offers. I hope my considerable background will help me and Graduate House earn a fine and worthwhile reputation for cuisine in Melbourne and afar and look forward to meeting and getting to know members and patrons of the College club". Julian Fraraccio Julian recently joined the Graduate House team providing service and assistance to residents and members at functions and in the Bistro and Bar area in the evenings. He is very enthusiastic about the new facilities and the excellent service we provide for our members and residents. Julian has a wealth of experience in the hospitality industry, including a year training with the Hilton Hotel in Rome. He enjoys working here and considers the residents and members as exceptional customers and finds it a pleasure to provide the service they require. Julian has four children, the youngest son at secondary college and the other three at university. Apart from working, Julian enjoys family life with his wife Maria and the children, gardening and his passion for his beautiful sports machine. AUSTRALIA DAY HONOURS 2005 The Graduate Union congratulates the following members who were recognised this year. AM: Member of the Order of Australia Dr John Fouhy Kearney QC, Life Member joined in 1960 OAM: Medal of the Order of Australia Dr Bernard Sutcliffe Gilligan, Life Member joined 1979
Posthumous Officer in the Order of Australia (AO) to Professor Ivan de la Lande, Member since 1942 Ivan de la Lande, whose obituary appeared in the November edition was highly respected by his peers. He died not knowing he would be recognized on Australia Day. Honoured for his work in medical research and education particularly in pharmacology, he was a major Ivan in the laboratory as a post- graduate at contributor to understanding the human vascular Melbourne University. system. In his valedictory lecture he lamented that "there were dangers in the universities being forced to adopt a more goals oriented entrepreneurial approach to research at the expense of support for the individual whose research motivation is primarily curiosity." He said that "the important discoveries made by these individuals illustrated the adage that chance favours the prepared mind and that developing prepared minds is what universities are all about."
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THE MELBOURNE GRADUATE
RECIPROCAL CLUBS REVIEW Under the banner of The Castlereagh, the NSW Masonic Club owns and operates a 3 _ -4 star elegantly appointed boutique hotel; Sydney's finest. The boutique hotel has 82 quality business and leisure guest rooms, all with full private facilities. The NSW Masonic Club is renown for having one of Sydney's last grand dining rooms, Cello's Restaurant, which inspires awe in those who dine there. Cello's boasts ornate high ceilings and a 1920's elegance in architecture that is rarely seen today. Other facilities include fine bars, lounges and function rooms for meetings, conferences and special events. The grand dining room is also available for banquets and weddings..
The New South Wales Masonic Club The Graduate Union and the New South Wales Masonic Club have recently become reciprocal partners, offering members of each club use of their facilities. The New South Wales Masonic Club is in the heart of Sydney at 169-170 Castlereagh Street. Acommodation rates range from $140 per night for a single room to $200 per night for an executive suite. There are disabled facilities and assisted wheelchair access to reception which is opened 24 hours per day, seven days per week. All tariffs include Continental Buffet Breakfast and Morning Newspaper. A-la-carte Breakfast available at extra charge.
Visitors are always welcome whether from city or country Australia or Worldwide. Club membership is available at masonic or associate levels. Club members are entitled to a ten percent discount on all personal catering, beverage and accommodation services provided in the Club.
The club was founded in 1893 and is located in the City of Sydney, Australia. It has social club facilities with hotel accommodation and is comfortably situated in a refined heritage property in the city's centre. The NSW Masonic Club is perfectly located and is within easy walking distance to train and bus transportation services as well as Sydney's commercial, retail and entertainment centres. Alumni Travel is offering members of The Graduate Union a Byways of Burgundy tour from 5th to 25th September this year. The tour includes four days in Paris, then to Auxerre, Montbard, Avallon, Saulieu, Autun, Dijon, LaRepe, Pont d’Ouche, La Bussiere, Gissey, Fleurey, returning to Paris and via Singapore to Australia. The cost is $9,910 twin share which includes services of tour leader, economy air travel, all passenger and airport taxes, twin share accommodation with private facilities, some meals, all transfers, entrance fees, local guides and sightseeing as per the itinerary. For more details contact Graduate House.
COMPANIES OFFERING DISCOUNTS TO GRADUATE UNION MEMBERS AudioLifeStyle, Australian Unity, Geoff Ireland Florist, Hertz and Hertz #1 Club, Pickford Pharmacy, Non-Profit Purchasing, DeBortoli Wines Open for Lunch and Dinner - 7 Days Private Room Available 10% off meals for Graduate Union Members Tuesday to Thursday on presentation of card. 766 Whitehorse Road, Mont Albert, Vic, 3127 Tel: 03 9898 5188 Fax: 03 9898 5348
DONATIONS DONORS TO THE BUILDING APPEAL Total at 8th April $136, 347 Mr J Beale, OAM Mr A Bell Dr D Bellair Mrs K Binns Dr C Bolter Mr R de la Lande Dr R Davey Mrs K Davey Dr W Denholm Dr R Esdaile Dr J Galbraith Mr G Israel Miss G Jones Mr H Miller Mrs F Parry Mr N Taylor Building Fund $70 B Craven; $50 D Weaver, B Krahnert, J Ballantyne; $40 A Martin; $10 G Bartle, D Dodds. Residents Assistance Fund $100 G Duke; $50 D Weaver, J Duke, B Krahnert, J Ballantyne; $25 R Harris, M Hill; $10 M Farmer.
12 April 2005 volume 58 No.2
Members’ Views Sought
Publication of The Melbourne Graduate as an annual magazine is being considered. All items of interest throughout the year together with reports from The University of Melbourne and articles by members would be included in this new-look magazine. Publication is anticipated in April each year to include the Annual Report, election information and voting papers. Graduate House would welcome members’ views on the proposed change and also ideas for an improved and expanded content in the magazine. Please forward suggestions in writing to Graduate House.