Jas - excellent point. Why do we do this in Australia?
Countries of similar or smaller size produce excellent aircraft and do so profitably.
Canada = Bombardier and Viking,
Switzerland = Pilatus,
Sweden = Saab.
The Czech 's are getting into what seems a great market with a smart product in the Evector.
With the demise of avgas and a massive market that never disappeared and is getting bigger (tourist operations, rough strip, third-world, and parcel express to small communities) there is plenty of money to be made with a rugged and practical product. Look at the success Kodiak has had and the Caravan just keeps on keeping on.
With some sound financial backing plus decent engines and tweaks of the troublesome components, the Nomad must be a great shortcut for any savvy producer to leap into the market without the hassle of initial design and certification.
Slick rebranding and a glossy 2020's livery would see this aircraft take up where it left off and do way, way more. Without hopeless government interference and that Aussie knock-everything-we-do mentality, there is no reason the Nomad couldn't enjoy a huge resurgence.