blueloo
You do not need an ATPL to be an FO, just a CPL. QF requires LH FOs to have ATPLs so they can be in charge whilst the Captain is on a rest break.
Hydrolix
You hit it on the head, cheap FOs for Jet* Asia.....it will make the bottom line look better! I've also heard rumours they are having trouble attracting pilots due to the fantastic salaries being offered.
So this is why there was a change in the way cadets will get their seniority in QF. Anyway good luck to the cadets, great flying experience even though the work conditions might be a bit tough.