What should be noted is that the SO rate is substantially below the current rate.
From what I have recently heard, that is actually NOT true. We must compare the new SO rate to the A330 rate. The new rate is actually above the A330 rate for the first 3 years. SO will be on 96, plus super, allowances and extra hours. Way above (in percentage terms) the SO's and comparable (after you add in some extra hours and allowances) to an FO in the other airlines in Australia.