If the above approximation is remotely in the ball park, all I can say is... yikes!
Or are the award rates set so low as to encourage EBAs?
In any case, this document should be essential reading for anyone contemplating a flying career.
The rates aren't that low when you add up all the allowances and extras. It would be close to if not more than what Jetstar get paid. Also the Award is based on duty hours not flight hours. Good luck finding an airline to agree to that with the length of duties and extensions available these days.