So summing up:
QF have just lost their attempt to increase their strangle hold on aviation in Australia. The protracted attacks on pay and conditions have made, not just the company but the industry, so undesirable that they cannot attract staff the way they used to. There are alternative industries popping up who are light years ahead in regard to staff treatment. Their answer to the staff shortages will be to try attracting foreign labour into a country where the downward pressure on T&C’s is nicely juxtaposed with the spiralling upward pressure in the cost of living, thus making Oz unattractive. Massive (finally) investment in fleet renewal requiring unprecedented expenditure, but also a huge increase in staff numbers. I don’t see how this period can end well for QF.