Huitson Memorial
Glen Huitson Memorial Service
Saturday August 3, 2013 marked the 14th anniversary of the death of one of
our own, Sergeant Glen Huitson.
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The feeling is mutual…
What it means for us, and for you
Costa Anastasiou
How the financial market will be affected once the dust
settles from the Federal Election and the change in
government, is yet to be fully understood. As we learn more
in the coming months we will need to pay close attention
to any changes in monetary policy and consumer spending
habits. Many economists have predicted that consumer
confidence will begin returning to the market post-election,
after a cautious and subdued first half of the year.
In Australia, the economy has been growing a bit below
trend over the past year and this is expected to continue
in the near term as the economy adjusts to lower levels of
mining investment. Recent data (August 2013) confirms
that inflation has been consistent with the medium-term
target of the Reserve Bank of Australia. With growth in
labour costs moderating, this is expected to remain the
case over the medium term, even with the effects of the
recent depreciation of the exchange rate.
Amongst the recent political discussions, there has been a
lot of rhetoric in the finance industry regarding competition
and banks versus ‘mutuals’. But what does being a ‘mutual’
even mean? And how is that different from the big 4 banks?
Here in the Northern Territory we have been exposed to
mutuals in many forms and we have embraced the concept
more so than many other states. In the Northern Territory,
mutual members account for 23% of the population, the
third highest in the nation. In terms of our collective size
and strength, mutuals comprise $83.9 billion in assets, serve
approximately 4.5 million members and adhere to the same
prudential regulation as the banks.
The most important reason for choosing Police Credit
Union is that we are customer owned, meaning that we
put you first. Due to our ‘mutual structure’ we are not
a publicly-listed company so unlike the publicly-listed
banks, we don’t have the pressure to maximise profits to
pay external shareholders. Instead, we put all our profits
back into better rates, fairer fees, responsible lending and
outstanding customer service for you.
Friends and family remember a much respected and missed colleague
Top L: Chaplain Cally Faithful, NTPA Vice President Chris Wilson and Deputy Commissioner Shayne Maines.
Top R: Chaplain Cally Faithful. Bottom C: NTPA Vice President Chris Wilson. The service was well attended
Glen was gunned down while manning a roadblock on the Stuart Highway on August 3, 1999. A commemoration was
held at the site of Glen’s memorial and this important occasion was attended by a large number of our family,
both old and new.
Vice President of the Northern Territory Police Association, Chris Wilson, provided a timely reminder of how valued
Glen was as not only a member of the NT Police Force, but more importantly as a father, husband, son, brother and
respected member of his community. Glen was simply a gentleman, and his sacrifice shall never be forgotten.
This service also provided an opportunity to pay respect to the many others who have made the ultimate sacrifice
in the protection of our community.
New NT Police Chaplain Cally Faithful, attending her first service for Glen, provided gracious and thoughtful words
prior to the reading of the police prayer and the ode to a Police Officer.
The Northern Territory Police Association would like to thank those who assisted on the day.
40
NORTHERN TERRITORY POLICE NEWS
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