There are not enough qualified and experienced pilots globally to fill the front seats of airliners that are on order.
That may be true, however there are more expats & other ICAO qualified airline pilots in the world willing to come to the southern land, than demand here could ever require.
Sir, you're a bit too young to remember the early 1950's when airlines took F/O's with less than 500 hours because there just weren't pilots around.
Lots of demand + limited supply = higher salaries.
By your own words. Lots of demand + limited supply = LOWER ENTRY REQUIREMENTS.
LOWER ENTRY REQUIREMENTS = LOWER SALARY.
Supply & demand is a fickle mistress. Watch as airline operators around the world start to lobby regulators & manufacturers to certify A320's & other narrow bodies, as single pilot aircraft.