The assertion that “we” love to engage in a race to the bottom is tired and frankly ridiculous.
EBA’s in some blue collar industries might have such a clause that you speak of (I’d be curious to see one), but we work in an industry where we’re paid six figure salaries (and are arguably unique being remunerated as “white collar” workers whilst enjoying the protections of an EBA). No airline in their right mind would allow for such a clause as you speak of, it could ultimately be the difference between profitability or not, or worse.We can dream, but let’s keep things realistic in the context of what we have to do now.
Both of the large, very profitable jet airlines I've worked for prior to Jetstar had exactly these sorts of clauses in the 3-4 year pay deals (RPI+x%) we signed up to, they weren't Australia based. People still whined about giving up too much and the +x% wasn't enough though.