That's Neoliberalism for you. Which at this point is basically all the major parties. They all govern from the position that a free market is ideal, and regulation only happens when it "must", which requires a lot of proof, Rather than a more sensible system that assumes a market needs regulation to function, and demands proof before deregulation.
But we function on a ratchet & brake system. The Cons ratchet things better for the rich, the Libs hold the line while making performative actions that don't affect the fundamental power structure.
Shit sucks.
Funny, because as someone who builds houses for a living, this year has been really slow and pathetic at getting work building new houses. A bunch of places just announced cancelling bigger projects, due to costs from interest rates. We need way more houses, and we're slowing down building. It's insane.