The first sign of the shortage coming to an end will be capacity cuts by the majors, and we are just starting to see some of those - and we will see more.
That is my view on the situation in Australia.
Good luck to those that secure a job with the majors now, 'cause it won't last!
I think CW means that the recruitment conditions won't last, but in the case of those getting into the majors at the moment (and recently), I regretfully think that it is your new found jobs that won't last! Hopefully I will be wrong.