A$1000 is a lot. If it's a choice between the two, go for CX. Travelling via Asia is far more fun than via the Middle East.
Back to the topic, do those AFFers who regularly patronise CX believe it will fight its way out of this 'black hole', or do you foresee that it will continue to suffer losses and go, if I may say so, into some sort of death spiral?
SQ has had variable results but is (at least temporarily) back making a profit. Of the two hubs, one could conclude Changi operates better than Hong Kong, but both face challenges from LCCs and heavy competition on many routes.