Thanks for the replies. Up till now I was boring the bush (sleeve) on the lathe in a 5C collet chuck which gave good results, the problem is, I need to work in respect to a specific process as listed in a manual, and unfortunately this call for reaming in situ not boring on a lathe.
The bush is actually a sleeve into which a spherical plain bearing is inserted and staked (similar to a hydraulic ram rod end bearing) That's the reason the bush is aluminium as it needs to be cold worked and form a lip.
The process calls for the sleeve to be press fit into the fitting. The sleeve is then to be reamed to the diameter of the spherical plain bearing. The bearing is inserted into the sleeve and staked to form "swage".
When I do it on the lathe there is a bit of guess work – I have to compensate for the slight reduction in diameter of the sleeve when it is press fit on to the fitting, otherwise the spherical bearing will bind.
I'll take a couple of photos tomorrow, it will help explain better.