Looking for something else I found the following 1965 Parliamentary statement by the Minister of the Navy:
"The first variation concerns the aircraft carrier H.M.A.S. “Melbourne” and the Fleet Air Arm. In the review of November 1964 an extensive half-life modernisation was approved for H.M.A.S. “Melbourne”, which was planned to begin in mid-1967 and take 18 months to two years to complete. The estimated cost was £9.6 million. As stated last year, it was always intended that commencement of this work would depend on the international situation existing at the time. The Government has now decided that it would be undesirable, in the present situation, to have “Melbourne” unavailable for operations for up to two years. Instead of laying the ship up for this period, it is intended to put her in for a slightly extended normal refit in 1967, which will be completed within six months. Essential modernisation work, including that necessary to operate the carrier’s replacement aircraft, will be undertaken at that time, at a cost of £2.5 million, and will proceed progressively thereafter during the ship’s normal annual refits."
£9.6m in 1965 is a lot of money, it'd go a long way toward a Karel Doorman style refit if undertaken a touch earlier. As it is the Melbourne had a 14 month refit Dec 67 - Feb 69 for S2s and A4s and an 8 month refit in 1971 to add a catapult bridle arrestor horn, which incorporated the water brake for the catapult shuttle, and this allowed a 9' extension to the catapult from 103' to 112'. FWIW the work on the catapult occurred at night when the stable temperatures allowed a perfect alignment.