At first, it will all seem benign, but then...as the floodgates open, the influx of 'imported' pilots will cement these conditions (or lack thereof) as the new normal, with the profession being worse off for it in the long run - C-Suite Mission Accomplished.
It's a big wide world out there and like it or not the profession has few border protections now.
If you believe the reports of hundreds of Australian pilots finding jobs with Atlas, National, Kalitta et al you will also appreciate the irony.
North American pilots are lamenting that the E3 'floodgates' are now open, and their T&C are being cemented in by foreign nationals.
Don't get me wrong I think there are some great opportunities worldwide which should be taken advantage of, but Australian pilots cannot expect a one-way street as far as job opportunities are concerned.
Not in the last 44 years of my career have I seen this fabled pilot shortage.
But then again if you stay here long enough you see all kinds of ****.