P2T2
There is no such thing as fair when it comes to market forces determining the salary levels of those rendering services. The market decides.
You said – “Having worked in the contract world and having many friends who are still employed their, don't be fooled into thinking that $88K AUD for an A330 with Oz tax is fair pay.”
You are not making a rational comparison. Contract companies generally pay higher salaries to attract employees, the obvious downside being that the employee understands that the position is finite and nearly always in a location where a premium must be offered. Air Vietnam/Korean etc don’t pay the money they do because they are career positions. Full time positions at home in your own country are where most people work and will accept lower pay as a result.
The website you offered actually undermines your argument. None of the newer or upstart carriers on the list pay as well as Jetstar do, taking into account tax and cost of living. Even at Northwest, an FO would need 3 years seniority on the A330 to achieve first year salary at Jetstar.