The Reserve Bank's Failure to Control Prices

I think it's interesting that the corporate gouging by Australia's oligopolistic industry structures is justifiably getting more pressure at the moment. The Big Four banks are still to this day making 40 billion pre-tax and have a market value collectively of $400 billion this morning. I mean, yesterday, poor old Rex, Regional Express, tried to compete with Qantas and Virgin on the Sydney Melbourne route. It's clear for all to see and nothing has been done about it. So where's the competition regulator making life easy for Rex and trying to deliver a viable third competitor in our duopolistic airline market? And we should be sicking the media pack onto you Qant