It wont work,simple as that.
Qantas gets the business market due to the frequent flyer program,qf club etc.no points means business people wont fly Ozjet.They are flying clapped out,old 737s, which cannot be efficient.Thats another problem.No offence to those going there,but I think they will close shortly after they open if they open at all.And the man behind it is famous for the misfortunes of employees of a charter airline in the UK.Its done before it starts.