Hi guys, I know exactly how you feel. I applied to SIA 2 years ago with a Aust CPL and was rejected then. After 2 years of trying, they finally let me in.
Guess you just have to decide what contingencies you have, do them first, then wait for the 'right' time to reapply (if you've been given the option).
No Cigar
P.S. if you want to know more about direct entry, let me know. I'll fill you in