Cebu Pacific is having a sale again. Not as good as some past off season deals but this deal covers quite a large part of peak season and is still reasonable, particularly when you consider the low dollar.
I have flown with them before on this leg a few times and I think that they are one of the better budget airlines.
Prices I found from 15/11 to 06/12
$199.00 AUD - SYD to MNL
$160.95 AUD - MNL to SYD
Plane is usually an Airbus A330 with 9 seats per row (all economy). always has lots of friendly staff. Return flight is a red eye.
This deal is flight only and expect optional extras such as meals and baggage fees to be selected by default through the booking process (but all can be removed).
Flight lands in T3 in Manila. Its a new and modern terminal with better facilities than the Qantas terminal, though it can be a wait for a cab.
There is no discount for pre-booking your meal and while it is cheaper than anything at Syd airport, you may find better options on the onboard menu.
Ticket includes up to 7kg carry on baggage. Expect to have your carry-on weighed if you are not checking in any bags. Baggage costs have increased a fair bit in the past year and expect to pay ~$35-$50 depending on size.
Costs are billed in AUD and there are no credit card surcharges (MC or Visa only)
Good deal for peak season.