Is anyone, anyone, surprised by this? If so, you must seriously be living in 'cloud cuckoo land'. This is EXACTLY what Qantas has wanted all along. FWA will never force the job security clauses on QF. Never. QF may face some difficult questions and discomfort during discovery but so will AIPA. I predict about 3%/year with a few piddly productivity changes as an offset. The only really interesting issue will be the length of the deal. I believe they can make it up to five years? Is that five years from the end of the previous EBA, or five years from the date of the arbitration? I suppose it doesn't matter much- most QF international flying will be based offshore by the end of the agreement in either case.