Jetstar on the Tasman and internally NZ will be operated by Jetconnect, they are still the cheapest of all subsidiaries.
The current QF product offered domestically is not much above what a "value based BYO" airline currently offers. This is creating some brand confusion coupled with the NZ culture of "anti 5 star" would indicate that the BYO model would work well internally, and expands and continues the wagons surrounding the virgin blue empire.
The next question is who will QF code share with around the Pacific, now that Poly are in bed with the blues?