Yes, I agree. They don't pay or feed their people as well either.
We will never match the IAFs 230 SU-30 MKI Flankers, 40 Mirage 2000s, 60 Mig-29s + the 30 odd Mig 29Ks and 14 Harriers in service with the Indian Navy.
Half of India is starving and they still buy large numbers of fighters. They also face a much larger and closer threat from china than we do.
Our govt has enough trouble trying to keep our health system afloat while maintaining the forces we have now. I just think it is probably a bit unrealistic for Australia.