Red or White, this does seem to be the way many work places are going.
Bring in new people who would give their right arm to work for 'the establishment', work them into the ground, and after they've burnt themselves out replace them with a new batch in 2 to 5 years - certainly don't have to pay out long service leave..!
I'm not just having a dig at QF here, but having been in the work force for a great number of years, this is what I've personally noticed - especially within very high profile jobs. And we all know (and so does QF) there aren't enough right arms to go around that people would give to work as a FA.