It appears that Aussie genre falls into two categories.
On one hand we have breakout successes like The Babadook - in which even the funding bodies themselves are so clearly clueless and un-supportive that the films escape and triumph over the very environment from which they emerge. A headstrong and smart director with a keen understanding of ALL genres but also an instinct for drama, performance and subtext that breathes life into the given genre.
On the other hand we have "web series" such as Airlock which is so derivative and dull you have to question whether the creators themselves are to blame, or their inability to overcome the diabolical committee process from which they have most likely sprung.
Hey, you've read this far, here's the short n' skinny in my humble opinion.
The actors mumble, performances are flat. There is a smothering lack of charisma all round. Dialog is weak (deja vu, was some ripped from other movies?!) Plot and concept derivative - based around a series of exhausted SF tropes. The score is bland, derivative, insistent, loud (although not enough to completely drown the lifeless mumbling) clichéd and instructive. The visual effects although not altogether awful, are not even up to contemporary game standard. Design and costuming...generic Zero suspense.
For a further comparison, and I do NOT mean budget, Falling Skies is infinitely better acted an directed and I think you'd struggle to call that 'great' television...much less touching Walking Dead or The Strain standard.
No doubt it will have it's defenders, but it serves nobody to be elevating slop like this. 3 just for the effort.
It's not necessary to to dream big to dream well.