In essence they are still cutting it back on their watch, just not overall, apparently. Pushing things out further...Hmm, well that sounds a little more encouraging I guess.
Much of the equipment that needs and will need replacing are already past the replacement date ... are they saying replacement of the frigates now to 2040-2045. Are they saying replacing the Sea Sprites 2035 instead of 2028.
Some things just won't last that long. Take the Sea Sprites as an example. They are an old design spare parts are already getting harder to get and with more decks that require the helo that is more flying hours ... The are pushing to it keeping them flying up to 2028...
Then in 3 years time things all could change again with a new government and go either way... A lot of that will rely on world politics and what is happening... How far China is pushing and who is starting to push back.
New Zealanders overwhelmingly back promoting human rights in China, even if it damages economic ties.
As for the % of GDP on defence... that just irks me as there is way more to it than that...