The Air Navigation Act (Cth - sorry, can't remember year) governs things like access to international air travel rights. Other than that some other ones are the Transport Security Investigation Act and the Transport Security Regulations are also applicable. Another relevant one is the Trade Practices Act, given the big actions the ACCC has taken against Qantas and others over cargo surcharge cartels in recent years.
Compared to other jurisdictions, Australia tends to take a fairly light-on approach to airlines, with most legislation being that which is essentially required to meet its ICAO and other similar obligations, with the focus otherwise being focused on safety.
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