http://www.npc.org.au
(or Google for full transcript of the speech...)

Here are some brief quotes...

"Labours plans to review Defence Capability Plan"

"Will retain F1 -11's"

"Opposes purchase of 2 26k tonne amphibious ships - ALP favours smaller vessels allowing for more than two"

"Network Centric Warfare - greater interoperability between Forces"

"Maintanance of US alliance as central pillar"

"...decries lost capability to influence regional affairs"

"Howard as a Deputy Sherrif"

"...SE Asia manifesting all the characteristics of an Arms race"

"US lacks allies in SE Asia"

"Reject of combined Fleet, put forward by Admiral Fargo, re Malaca Straits...blame lying with Aust. Govt's Mid East policy"

"SE Asia more dangerous than Mid East"

Kim was back to his best with this one. He genuinely looks happy back in the portfolio. During questions, admitted no increase above 1.9% GDP for Defence but suggested Cabinet colleagues were open to ideas. He highlighted well our national military shortages of pilots, submariners and particularly infantrymen. Govt proposal to form up additional Battalion sized unit.

For those who are interested, Chief Defence Scientist, Dr Roger Lough (DSTO) address's the club on 18th Aug.

I believe that if someone stuck a pin into Kim Beazley he would rapidly deflate like a large balloon.

...and if someone stuck a steel rod up Howard's bum he would suddenly have a spine.