Mick,
The dates and title attributed to this badge are incorrect. 1 and 2 Commando Companies were not raised until 1955 and were independent CMF companies based in Sydney and Melbourne respectively. They wore the bi-metal badge depicted throughout the 1960's and well into the 1970's.
The 1st Commando Regiment was raised in 1981, IRRC, when a Regimental HQ was raised at Randwick and the two previously independent companies were placed under command of the RHQ.
BTW, I recall seeing the first a/a version of the badge during the 1980's.
Cheers
Chris
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