their positions on 1 December. Notable past presidents include former South Australian Premier John Bannon, former South Australia Attorney-General Chris Sumner, Australia's first female Prime Minister Julia Gillard (1981–1982) and former South Australian Supreme Court Judges Elliott Johnston and Samuel Jacobs. YouX publishes the student newspaper On Dit, the third oldest student newspaper in Australia. Impact of VSU The post-Voluntary Student Unionism (VSU) period contained significant financial difficulties for YouX. Previously funded by compulsory fees paid by all students, the introduction of voluntary unionism resulted in a sharp drop in income for the Union. This resulted in grave financial difficulties. In late 2007, the AUU handed control of Union House and the vast majority of YouX's commercial services to the University of Adelaide. This was in return for the University agreeing to fund the Union for a period of ten years. The University of Adelaide paid $1.2 million to the Union in the first year of this funding agreement, with future funding to be determined on a year-to-year basis. This gives the University final control over the size of the AUU/YouX's budget in any given year. References External links Students' unions in Australia