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In just three months Bonza has collapsed and Rex is on the brink. What’s gone wrong?
(www.theguardian.com)
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It's a race to the bottom for providers, everyone's margin gets squeezed to compete, and services suffer as a result.
So you can buy a $69 hop from BNE to SYD, but there's no guarantee on timeliness, no practical refunds, and you will be provided the bare minimum of comfort and facilities on your trip.
Imagine if we had high speed rail at that price. So much more comfortable. More reliable in times. Less hassle with bs security theatre.