That's Neoliberalism for you. Which at this point is basically all the major parties. They all govern from the position that a free market is ideal, and regulation only happens when it "must", which requires a lot of proof, Rather than a more sensible system that assumes a market needs regulation to function, and demands proof before deregulation.

But we function on a ratchet & brake system. The Cons ratchet things better for the rich, the Libs hold the line while making performative actions that don't affect the fundamental power structure.

Shit sucks.