The fourth Australian "Daring", to be named "Waterhen" was cancelled in 1954 as one of several cost-cutting measures to maintain a naval aviation force based around two aircraft carriers.
The fourth Australian "Daring", to be named "Waterhen" was laid down in 1952 but cancelled in 1954 and scrapped on the slipway. This was one of several cost-cutting measures to maintain a naval aviation force based around two aircraft carriers.