PRESIDENT’S REPORT

Dear Fellow Members, Since I last wrote to report to you, the Vice President, the General Manager and I have once again attended the Annual Conference of Clubs NSW as the representatives of this Club. A new feature at this conference was an elective seminar on the subject of club amalgamations. It was well attended. The fact that such a seminar was held at all is indicative of the state of the club industry. Every month brings closures or proposals for the amalgamation of clubs. One city club has ceased trading, others are in financial difficulty and still others are in the process of amalgamation. Your Club has not been left unscathed by the financial downturn but your Board is confident that with prudence and effective administration we will come through the overall economic trough with all colours flying.
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