The existing management team (whoever that may be) is obviously not doing an acceptable job.
CASA cannot be there to catch every mistake, shortcut or breach for any operator or CofA holder.
The onus is shifting onto industry to maintain its own QA processes in the belief (however correct or mistaken it may be) that a company that identifies its own shortfalls and takes action to prevent them will be safer than one that simply carries on covering things up, fat/dumb/happy until CASA turn up again.
The same approach is being applied to all sectors of the industry - You can try and fight it, but you will never win.
...and if you can't beat 'em...