That's the one John I should have remembered that - I used to listen to the program when I was stationed in Germany in the 1950s.
"The time in Britain is twelve noon, in Germany it's one o'clock, but home and away it's time for "Two-Way Family Favourites"

Maybe Judith Chalmers did present it in the later days, but if I remember correctly, it was a husband and wife team - Cliff Michelmore and Jean Metcalfe who hosted the program in the 50s/60s. Now who's showing his age ???