A lot of what I think has been said here one way or another already.
But I think the reported death of GA is a bit premature - it still has an important function, and it is not at all in RAAus' interest for it to decline.
Fuel is a widely debated issue. Putting aside global supply issues (the peak oil argument etc.), the cost rise we are currenlty experiencing is caused by globaly petro-politics (Bush sabre rattling everywhere he turns), and of course Iran - [Nuclear ambition? I think not - more likely the US fear that Iran is intending to trade their Fuel in Euros instead of USD, making the USD even more worthless.].
And of course, there is some real profit taking happening with the fuel suppliers at the moment. Check the rises in the fuel compnay profits. The collusion between the refiners in Australia (not to mention the bounty for the Commonwealth through GST and excsie increase) is pushing up the price more than current supply / refining capacity issues would suggest it should be. It is of course total corruption, but the ACCC appears powerless to act.
However, I sense that the price has met a resistance level now (around $1.20-1.30 in Brisbane) where demand has dropped. A slow down in economic activity will probably hold it in this range for a while, if the peaking in resource demands suggest.
Wow - what a rant! But as has been said, if you are flying say 100 hours a year at 18l/hour your total fuel price for the year is $2340 or $45/week, or $23.40 per hour. (based on $1.30 PULP).
If fuel rises 10% it is another 23 c per hour. I dont think this is enough to deter fliers. It is of course going to have much bigger effect on the GA fleet, and that will probably see a continuation of 'trickle down' pilots from GA to RA.
ASIC - it is an ineffective waste of money as we all know. I don't think it will stop people flying, but it is strange that even the USA does not require such a draconian identification requirement.
Paul Willett