[thorn bird]

Net result if the result goes Shines way?

I would think massive rises in our already inflated insurance premiums for a start.

Given under Australia's world leading regulations it is now impossible to even walk near an aircraft. Hell, given CAsA's propensity to morph into MI5, anything you say or transmit, via any medium, maybe even your thoughts are "Strict Liability" criminal offences.
Shine has merely woken up to the fact that before them lies a veritable gold mine provided free of charge by our world leading regulator. The best thing is you don't even have to do any work to tap that mine, your opponent is screwed before they even start.

Bit like our airports really.

So when CAsA has finished sending the entire aviation industry offshore, what next Mr. Turnbull?