Centaurus,
As said above, obviously Jetstar is still able to get applicants who hold ATPL's. Surely when things settle down, they'll have to lower their requirements to accept CPL's with ATPL subjects.
Prior to the whole get the hours, fill out a form and here's an ATPL, you only got a Senior Commercial anyway and were issued with an ATPL when you got a Command at an airline. What's wrong with basically going back to that?
morno