Think of the wider context for the moment......
IF what Mr. Buckley says is substantially true and correct, then what does this matter indicate with respect to the risks involved in investing in aviation in Australia??????
From the professional investor standpoint, we have a new category of risk. We already have sovereign risk - the possibility that the rule of law may collapse, business risk - the possibility of competitor action, market risk, etc.,etc. To that matrix we have to add CASA risk - the possibility that a bloody minded regulator decides to destroy you, if Mr. Buckley is to be believed.
It is axiomatic that you have to manage risk in order to invest. How can you manage "CASA risk"? The answer appears to be that you cannot. Compliance does not appear to guarantee protection.
Therefore no professional investor is going to waste their time. There goes thousands of jobs and a chunk of GDP. That is what Governments should worry about.