QF are all but irrelevant out of PER anyway. SQ offers four flights a day ex PER, EK is soon to fly three times daily, CX 10 times a week (rumuored to be planning double daily) and QR daily. They all offer far better connections and much larger networks than QF. QF hasn't got a hope in hell of competing.
That just about says it all, where can QF take you to from PER with only one stop enroute ? SQ, QR and CX are SKYTRAX 5* airlines (EK is 4*), and all offer extensive networks with seamless transfers. Singapore and Hong Kong have award winning airports, new Middle Eastern mega airports are in the pipeline.
Maybe QF will be reduced to a code share partner out of PER ?