Obviously hard to judge teams just on their roster salaries and such, hard to tell how much you're going to be able to splash on rebuilding or if you're tanking your way through. But assuming you're playing it straight with that roster, I think it's too thin to make it in the G8 and you'll be in the "contending to get a relegation series with HCA" band of teams.
That said, I reserve the right to retract this prediction and thus not look like an idiot if you splash on the transfer list to re-arm your team