Inside jokes aside, be careful what you wish for Folks.
Qantas just announced today its own very basic LCC
'Jetstar' (commonly knows as DeathStar on the QF forum) will commence MEL-HNL directs shortly. That must be an 8 or 9 hour flight from my recollection of last doing it.
Why? Jetstar staff get paid a TON less than Qantas mainline staff do.