Hi Ian,
Just to be sure we cover everything, I'm going to break down this TAF and look at the various conditions being described in order to make sure you are clear on what is going on with it.
First off, let's consider any possible Operational Requirements (an alternate, holding fuel) for the flight arriving at 0500. When you do this, it can be helpful to simplify the conditions down to being either "Bad" or "Good".
"Bad" means you need an alternate or holding fuel, "Good" means no operational requirement applies. When changing from one type to the other and you are deciding whether you have an Operational Requirement (OPR), you must apply a 30 minute safety buffer to the forecast time of change.
So, if the weather is changing from "Bad" to "Good", you must assume the weather will change for the better 30 minutes later than the forecast predicts. If it is changing from "Good" to "Bad", you have to assume the weather will worsen 30 minutes sooner than the forecast predicts.
In your example however, the base weather for the TAF is OK but very windy, perhaps too windy for your aircraft type even though it is almost blowing straight down the runway at Merimbula.
However it is changed with the "FM 04" to be definitely "Good" weather with no OPR. The wind drops significantly and even though the cloud base is forecast BKN at 2500 these conditions would definitely not require an alternate or holding. Since the conditions could be considered to be better than before, we have to assume it will happen later than forecast. In other words, as far as our OPR is concerned, we assume the FM takes effect at 0430.
We're arriving at 0500 so we seem to be in the clear. We are well and truly in the period of "Good" weather.
So far so good. Now we move on to the INTERs you mentioned. First off, as Ellzy said, both the INTERs have an OPR. You are going to need to carry an alternate or 30 minutes holding fuel no matter when you arrive. Since we have an OPR no matter what time we arrive, there's no need to consider a 30 minute buffer for the change: we are simply going from "Bad" to "Bad". We need 30 minutes holding fuel or an alternate.
Remember, you only apply the 30 minute time buffers when you are considering whether you have an OPR for the flight.
So, we know we have an OPR but what about the actual forecast weather conditions?
Arrival is defined as arriving overhead the aerodrome, so when we say we are arriving at 0500, we mean we are arriving overhead at 0500. It makes sense to consider that the conditions will be as described in the INTER applicable as of 0500. Another way to think of it is the -TSRA conditions are forecast to stop at 0500 and the low vis, low ceiling conditions are forecast to start at 0500. If you were arriving at 0500, it only makes sense to consider the conditions that are due to start.
So, the conditions you would expect for an arrival at 0500 are:
Winds of 250/15KT and a visibility of 10km or more in light rain showers with 5-7 oktas of cloud at 2500 ft but there will be periods of up to 30 minutes duration where the visibility drops to 5km with 5-7 oktas at 1000 feet.
Isn't Met great
Cheers,
Rich