What's everyone gripping about?
This is happening in every other western country and now oz, only it's about 3 years late. Southwest started the fare war in the US, Easyjet and Ryan in Europe, JetsGo in Canada and now VirginBlue in Australia. Yeah conditions have gone down the gurgler but I don't think anyone is flying for 19K like they are here in the US.
Don't worry, it's gonna get a lot worse.