Frank,
Whilst you may have read a few articles here and there in the sydney morning herald and perhaps even (gasp) flight international, you do not have a good grasp of what is going on in the aviation market.
It is not all about low cost structures and paying your people as little as possible. Qantas has insurmountable advantages in both size and scale that no policy changes can rectify. Just leave running Qantas to people who do have an idea of what's going on. No one in Qantas asked for your opinion. No one outside Qantas should really care about your opinion. And most importantly you do not know enough about the inner workings of airline management at Qantas to be able to give a valid opinion.
Qantas is easily the best aviation job in Australia. I think you should just try and earn as much money as you possibly can in some other airline. It sounds like that would make you happy.