Two British faggots were standing on Circular Quay...

Two British faggots were standing on Circular Quay looking out over the harbour. One of them pointed to a ferry and asked, "Elton, what's that?"

"That's a ferry-boat, George my love," answered Elton.

"Oooh!" Squealed George, "I knew there was a lot of us, but I didn't know we had our own navy!"