Lerty, it's you who are talking cow manure.
Internationally, capacity to and from Australia is regulated by the Australian Government, of which Qantas is not part. If Qantas is able to influence Govt policy to its benefit, then so be it. Make no mistake, those advocating 'open skies' are doing so on account of their self-interest, nothing more, nothing less.
A succession of Labor and Liberal "Mates" have occupied Qantas Board seats for forty years. Qantas is an expert lobbiest, or have'nt you remembered what happened last time Singapore applied for extra capacity and got knocked back thanks to the Marg and Geoff show????
Furthermore there is absolutely nothing wrong with self interest, its what free enterprise and a market economy is all about, and Qantas is just as self interested (to the tune of a billion dollar profit) as the rest of them, as are you, as are I.
Hence, your love of free market economics and imported products ceases immediately its your turn to cop some competition.
It has been demonstrated time and again by Economists and in economics, that protectionism always costs more jobs than it creates, and your feeble and pathetic efforts to justify protecting Qantas are just plain stupid. Furthermore, if other airlines or Governments are prepared to subsidise my flights be charging lower taxes, then so be it.
The most likely thing that would happen in the event of opening the skies, would be a leaner more efficient Qantas with less management and lower profits and a lower share price, and if, in the unlikely event that QF did go tits up as a result of competition, and someone then tries to screw us, then we just start another airline.
Providing more competition by increasing capacity on International routes by allowing more airlines and more flights into Australia will remove the ""Qantas Tax" we all have to pay to preserve your rotten job.
Open the skies.