Absolute nonsense!!! It only proves that Singapore government runs its GLCs better than Australia. Not the country. And why Spore runs its GLCs better? Because the PAP comes out with policies that are solely geared to enrich its companies at the expense of its own citizens. Melbourne ranks way above Singapore as one of the most livable citiy in the world, where the hell is Singapore?
SIA operates in an extremely competitive international aviation market. It has to be run a commercial entity and whatever policies are in place have to be designed to make the airline better than the competition when it comes to the travel experience. If SIA cannot beat the competition, it will go bankrupt. It is profitable because it is well run. No government policies can make an international airline profitable if its seats don't sell.
As for Melbourne being "livable" I can only say that you do not understand how Australia works. The Federal government has very little influence on how a city is governed. Cities are run by municipal authorities in accordance with state law. You can't use one city as an example of how OZ is superior to Singapore. I can give you examples of places in OZ where a Singaporean wouldn't last a week. Try Darwin for a start.
Australia throws free money around like there is no tomorrow and OZs are addicted to high wages and ridiculous fringe benefits that are totally out of sync with the productivity levels of the country.
We are now seeing the unpleasant outcomes with unemployment rising and it can only get worse. Qantas is broke. Ford is shutting down its assembly next year. Holden is going the same way 2 years later which means the auto industry will be well and truly dead by 2016. Hundreds of thousands of people will be unemployed when this happens and will join the dole queue.
In order to fund the unemployed, taxes will have to raised which will increase the burden on those who actually do some useful work. Rising taxes will make the country even more unproductive. Capable OZs will move to other low tax environments. Why should they work like dogs simply to fund the unemployed? The downward spiral will continue.
Your posts reveal a kind heart but you have a very naive view of how the world works. While it would be great if civilisation could be run along altruistic lines, it simply does not work in real life. Many countries have found this out the hard way and are now bankrupt.