McGrath...I really think you are kidding yourself. Despite what Kevin 07 says, there isn't going to be a boom anytime soon and (I'm happy to be proven wrong) it'd have to be 99% unlikely they'd run a course this year OR next.
The other thing you have to consider is this. When you come out of a cadet programme you will have (probably) 300 hours. When you go looking for your industry placement, what're you going to say to people? Hi, I'm a Qantas Cadet and I want to work for you for two years so I can work for the red rat? That would be the truth and that will go down like a lead balloon...especially if you're going for anything bigger than a chieftain.
(P.S. Don't assume people not gushing with joy for the cadet programme didn't make it. There is a good chance that they weren't interested at all, couldn't afford it (it is very much a rich person's game) or perhaps they may have even done the course and been unhappy. Don't ever assume or you will make an ass of yourself).