Gotta hand it to him. Presenting a bonus offer which is conditional on employees accepting pretty much without question the company position in EBA negotiations is one of the greatest "we'll give em a bonus which costs us nothing" (not to mention the $500 staff travel credit which gets written off on unsold seats at essentially no cost) techniques they've come up with so far!
The interesting thing is, how many will swallow the spin? My bet is the media will take it hook, line and sinker, as they've generally shown that business class upgrades, lounge memberships, and complimentary seats to report on overseas QF travel destinations are more important than actually questioning anything the CEO says.