I'm guessing here glort. But I'd suspect that Australia is much like the US in publicly owned assets. Here in the states they are managed by publicly owned corporations. That includes CEOs and board members with all kinds of "other" agencies.
I'm from the camp that believes that without consequences the hope for change is stupid. I worked in a privately owned home for unhappy teenage boys. "No Consequences - No Modification of Behavior." was our favorite mantra. These kids were already operating in the corporate model.
Mother Truckers are everywhere. You just have bigger trucks.