Chapter 241: Military Rank Reform and Awarding Medals

Although it was known as the five-year shipbuilding plan, in reality, the five main battleships could all be built before 1911, with the sea trials taking about a year or so.

If the five-year shipbuilding plan was successfully completed, Australasia would have three dreadnoughts and two battlecruisers, making the main fleet one of the world's top tier.

Secondly, there were various small and mid-sized warships, including armored cruisers and armored escort ships. The tonnage of these warships ranged from a few hundred to a few thousand tons, and the time and cost of construction were relatively small.

Factoring in all these warships, Australasia's shipbuilding plan was expected to cost nearly twenty million Australian dollars, or about 10 million pounds.

With the completion of the entire Australasian navy, the total tonnage would break through 100,000 tons, reaching about 120,000 tons.