TeamJQBoy - I don't work for JQ however the figures you've written appear to be inflated - they don't take into account annual leave & sick leave for a start.
Also it's worth noting that the reduced base salary is the rate your leave (annual & sick) is paid on - this would be somewhat reduced from what I understand the current JQ crew earn.
Having recently been offered a TJQ interview for CM, I was somewhat horrified at the salary on offer (as CM's apparently don't get any block hour allowance but rather a bonus as dictated by JQ management). Having flown before, when this was balanced against the 168 duty hours (higher then other airlines) and the mostly day trips, the conditions seemed rather substandard.
I'm sure the people at TJQ are fantastic and you're right in that the job probably works for someone like you, who has never flown before & who probably only wants to do it for a few years - for those seeking a career in flying though there are only 2 airlines of choice now in Australia.