My main problem is this quote:
The Government has accepted strategic advice that Australia faces no conventional military threat for the next 15 years and has placed greater emphasis on the defence force working in coalition operations further from Australia's shores.
Good on the pollies for trying to get the most out of the Pigs. If Australia needs a new long range strike aircraft, then they should look into it ASAP. However, pretending that the world will be a sunny rainbow paradise full of back-slapping peaceful beautiful people is a very wrong and dangerous perception.
15 years? Mate, I don't even know what I'm going to be doing next week. Let alone a bucketload of crazy terrorists who seem to enjoy learning to fly - but are afraid of landing...