Interesting!
the United States of America's Federal Aviation Administration Extension Act of 2010, which requires a minimum of 1500 flight hours before a pilot is able to operate on regular public transport services and whether a similar mandatory requirement should be applied in Australia;
Not quite correct, the 1500 flight hour requirement can be bypassed by graduating from a special course. The question lingering in the US now is what it will compromise of and what schools will offer it, whether it will be 141 schools or a ERAU, UND etc. exclusive.