Scumfish,
I have recently left a position in QF after 20 yrs (15 as a LAME). It took me approx two weeks to find a position outside of aviation earning the same money.( I probably could have get more if I was willing/able to travel to WA/QLD)
If QF or Jetstar think that they are going to employ new people on lower wages then the only way they will be able to do this is by reducing the average skill level/experience of the people they employ. The skilled experienced people will have no problem securing other employment elsewhere for the same money or more.
The cost savings for outsourcing are miniscule and illusory at best in the long term(sure it looks great in the short term).
I will consider moving back to aviation, only when I can get more than I am currently earning and there is some career progression available(supply and demand). I'm not holding my breath though!!!