Making some things very clear, I have a copy of the Jetstar EBA in my hand and the following can be said.
1) A "Graduate" cadet or Junior F/O (as described in the 2008 EBA) once completed the course will be on 60% of a Level 2 F/O's wage, which gives them just over $55,000 p.a.
2) A junior F/O will not earn a standard F/O's salary until they qualify for an A.T.P.L. not a frozen A.T.P.L. but a full A.T.P.L. (including command time) If you do not meet the command requirements of CAR 5.172 then the company will allow you to gain the necessary requirements at their discretion.
3) This is not like the Qantas cadetship which upon graduation and successful farming out considers you like any other direct entry pilot of Qantas, rather than a junior second officer.
These points may have been brought up earlier however It is worth reiterating