I think this question is redundant. There has never been a pilot shortage aside from a cyclic(sic) recruitment phase.......
Perhaps you are right, with less than 300 Australians obtaining CPL per annum, a huge number of ATPL being exercised by baby boomer pilots and all this 'fake news', just a cyclical shortage! There are a few pilot unions that could use your insight!
Is America's airline industry headed for a major pilot shortage? | Fox Business
America Pilot Shortage Effect on Regional Flights, Ticket Prices | Fortune
https://www.cnbc.com/2017/11/10/air-...rning-out.html
Air Force has a pilot shortage due to lack of training resources - Business Insider
Air Force pilot shortage climbs to 2,000, inundated aviators carry 'a very heavy burden? | Fox News
https://www.seattletimes.com/busines...s-new-reality/
As the US major airlines announced they retire by 2020 substantial numbers of senior pilots, pilots ought take a pay cut just to make sure?
No doubt Australia is different as the national exceptionalism myth is still strong...
Australia is no different nor exceptional