Presumably the govt/DHS knows what they are doing or are intent on wiping out the whole industry,
- and back to the govt funding the lot. Currently it costs the govt less than $2b a year.
You work that one out.
@Gasbag,
My comments have zero to do with the government funding (although, in itself, is a separate point of contention).
My reservations lie in the unsustainable capital structures of the listed companies, which the government has played no part.
As a shareholder in one of the companies in this sector, you might be well-served working that particular one out.