The regulatory capture of ASIC/APRA (not to mention in their case at least, the gutting of funding by Abbott and Hockey) is exactly what I was thinking about with new the new fatigue rules and the new target of “international averages” as though mediocrity where the new gold standard. It’s disgraceful given that there is most likely some highly qualified people working in government that are genuinely trying to do what’s best for the travelling public and those under their flight path.
Precisely. And channelling Sir Humphrey it likely played out like this...
Sir Humphrey To put it simply, certain informal discussions took place involving a full and frank exchange of views out of which there arose a series of proposals, which on examination proved to indicate certain promising lines of inquiry, which, when pursued, lead to the realization that the alternative courses of action might, in fact, in certain circumstances, be susceptible of discreet modification, leading to a reappraisal of the original areas of difference and pointing the way to encouraging possibilities of compromise and cooperation, which, if bilaterally implemented with appropriate give and take on both sides might, if the climate were right, have a reasonable probability at the end of the day of leading, rightly or wrongly, to a mutually satisfactory resolution.
Hacker: What the hell are you talking about?
Sir Humphrey: (They) We did a deal.
Fruitful discussion they were, they just did a deal...with industry.