This was sent to me by a mate on the Qantas pilots Union regarding their EBA negotiations,
" The precedent has been set. How quickly people forget that 3% suits where it suits and as in the Jetstar pilots case it doesn't. Remember the Jetstar pilots just signed a deal backdated to the 1st Jan 08(due to expire Sept 08) that gave the "token" 3% but also 6% retention bonus and 6% at risk performance bonus(at the board's discretion) based on Jetstar's financial performance. This is the bottom line we should accept."
I've also been told that it is rumoured that the Qantas execs gave themselves a $100 Million bonus at the beginning of the year in order to get it in before all the poor economic figures started coming out.
That might be worth confirming as well !