Its the regulators job to handle that impossible task of balancing competing interests, including the public interest. That is what they are paid for.
Wrong. That's what the parliament and policy department are paid to do. They've abdicated that responsibility to CASA.
That's one of the primary reasons why Australia is in the regulatory mess it's in.
It's like giving the police force responsibility for writing the road rules and setting speed limits, while making the police responsible for the road toll.