The threat to our north, at present
...is Garuda! (with the greatest of respect!)
I think Gnadenburg has hit the nail on the head here...they're replacing the F111, not the F18's. If we were replacing the F18's, then that's another matter entirely.
On a side note, I'm not convinced they are, indeed, the best option but, I'm sure the Defence Dept. know what they're doing...