Rats,
My best guess is that the CASA imposed Operations Manual for each AOC will still specify induction and ongoing check and training requirements, so, to that degree, this humungous and almost unmanageable Part 61 will make little difference.
Undoubtedly, there will be fertile grounds for all sorts of arguments with opinionated FOIs, who will resist the whole idea of such group endorsements ---- and their industry colleagues who will support them ---- because they hate change, even if it is what most of the rest of the world have always done.
Why do I speak like this ---- because I have seen it in action already.
Tootle pip!!