I also recognise that. One thing also is that this National government under Key then English are incrementalists in both policy and management and I would say that the next DMRR will seek more nuanced revisions and more half steps forward...
The rationale of two Frigates and two OPV's were minimalist almost austerity measures from 15 years ago as we cried poverty and use the excuse that we could not afford a third frigate and an ACF.
NZ Inc in 2017 is not poor!! It is a rapidly growing quarter trillion economy soon to hit 5 million in population, 100 billion a year export-import receipts, billion + dollar surpluses, 3.5%+ annual average growth, govt gdp debt levels circa 20% and trending down, unemployment rates under 5%, 10000 new jobs a month being created...
We are not the country we were in 2000 with the GDP under $100B, GDP debt level ratio of 37%, unemployment at 7%, just 3.75m population and leaving in droves, - nor did we at the time with then three frigates (by 2005 just two) were in the far more complex, contestable and unpredictable geo-political future we are in now.