Sadly, this is (apparently) a common problem on F headlights. Roger Parker dedicates no less than 4 pages of his book "MGF and TF Restoration Manual" to this subject. He includes 18 photos showing step-by-step how to take the headlights apart. He suggests a company called "Dual Metallising" in Tyseley Birmingham (England, of course), so you would need to find a supplier at your end of the planet to keep costs down. Failing that, sending the reflectors to Birmingham and getting them shipped back would probably still be less than $600 NZ dollars??
The other possibilities are:
1 Saint Roger suggests MGF Trophy 160 lights, but I am not sure if Trophy 160 lights are any less vulnerable to heat degradation of the reflector surfaces.
2. Change the front bumper plastic, headlights etc. to TF components, if you fancy an more modern look. The TF lights do not suffer this reflector ageing/heat stress problem. Potentially expensive, I appreciate, by the time you have matched colours, but at least (as far as I know) you do not have to change the bonnet.