The battery is flat in the key.
No signal is received by the IR sensor in the top centre of the dash.
When you open the door with the key in the lock, the security system has not been disabled and the alarm goes off.
When you insert the key, the metal ring touches the nib on the key and the car powers the circuits in the key instead. Car starts.
Solutions:
1. Get a locksmith to reprogram a new key
2. Go to MrMinit and they can get a new key going.
3. You can buy the particular battery for the key. Open it up breaking the glue seal. Desolder the battery. Solder in the new battery.
4. Buy a cheapo key at SuperCrap and a programming OBD unit to reprogram your key. Starts to cost almost as much as a genuine key.
5. Don’t go within 1km of a Holden dealership with this issue or your pockets will be turned inside out.