I am not a lawyer so this may be rubbish but my 2c would be:
(1) In exercising its powers and performing its functions, CASA must regard:
(a) the safety of air navigation
(b) the need to foster and promote a sustainable civil aviation industry, (including commercial air transport, general aviation and aviation training),
(c) the social and economic value and benefits civil aviation provides to the nation,
(d) the need to harmonise with ICAO international civil aviation standards and recommended practices
Why?
I want a safe industry, I want a functional industry that will thrive and that will continue to meet needs into the future, I see aviation as providing great social and economic value to our nation (and the world) and I want our system to use international best practice rather than just make up our own path.