Yes, Australia should introduce EU-style compensation for late and cancelled flights -- many years ago. We have excellent calm weather in our major cities many more days a year than North America or Europe do. OK, we have a lot of rain at present but North America, for example, is bogged with ice, sleet, snow, for months and months each year, then tornadoes, and hurricanes..... and massive flight cancellations affecting many millions of people a day. Europe has long snowy winters too. That those countries have such compensation despite their adverse weather, and we do not, basking in 250 days of sunshine a year, just shows how lucky the airlines here are not to have to pay when things go seriously wrong. One factor in Qantas never having a major crash is that it flies in beaut weather day in and day out domestically, unlike foreign airlines in their countries.
Our so-called Consumer Protection Laws are in many areas the laughing stock of the western world --no teeth, low fines, pathetic.
(Optus could have been fined a maximum of $111k for their massive data breach -- a huge 10x the fines a poor small business owner will face for using plastic straws now.... hhmmm.)