Land of. I have actually never paid for an endorsement being one of the older types. I think that what you have lost sight of is that the young blokes that choose this path do so knowing that in the long term ( 5 yrs max ) they will be earning good money. With most other airlines in this country doing this now as have many o\s for a long time, I think you may find yourself getting marooned on your ever decreasing high moral ground. Perhaps attitudes like yours are more indicative of the eventual slide of Aus with the emergence of generation y and z onto the aviation scene. The good old days are unfortunately that.
Now, put your Nintendo away and go and run around outside till your called for dinner!!!
Doug