What a stitch up. I'm sure if they advertised for senior management roles worldwide they would be inundated with suitable applicants all whom would happily work for less. If there is ever a real pilot shortage in Australia QF will be off to Canberra to make sure they can get work visas for anyone they want to hire from overseas.
However management and the board will never actually allow market pressure be applied to their jobs whilst simultaneously declaring "market forces" on everyone else. At the upper levels everyone has everyone elses back when it comes to renumeration.