Sounds like a reshuffle to get over the non-delivery of B787's and a pathetic attempt to react against V Australia's plans.
MrApproach, you should chill and relax a little. Yeah the B787's haven't been delivered so QF management have to make do with what they've got. Apart from the AKL-LAX-JFK operation, the proposed changes will give passengers an improved product over the existing services and that's where management priorities should be.
Most people would agree with you that the hubbing through SYD is excessive and detrimental to pax not disembarking in Sydney. Perhaps, instead of having all their eggs in one basket, Qantas should establish another hub in BNE to give more flexibility to pax going on to other destinations. Geographically, Brisbane is the obvious choice as the alternative hub but it wouldn't please DJ management.