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It potentially allows universities to increase recruitment to arts and humanities subjects on a funded basis.
Such targeting allows universities to differentiate themselves when wooing students who are considering the virtues of different computer screens rather than different classrooms.
The first stage of the Tef allows universities to raise their fees from next year, and all participating universities will be able to raise them again the following year.
The decision allows universities to set aside funds for football and men's basketball players to tap into after their playing days are over, increasing the financial benefit that they receive beyond their scholarships.
As the current coalition government implements the previous government's A$2.3bn funding cuts to higher education, and also allows universities to dramatically increase course fees to account for the shortfall, I feel that the financial situation is going to get worse for Indigenous students and attrition rates will increase.
The higher education minister, David Willetts, who has in the last few days championed the policy which allows universities to recruit as many students as they want, has also revealed that the sums expected to be returned to the government from student loans issued from next year will also be reduced by up to a billion pounds.
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Young pitched deregulation as an opportunity to allow universities to differentiate and "play to their strengths".
Simon Gaskell said that allowing universities to fail could "permanently damage the graduates of that university".
Still, she defended the practice of allowing universities to conduct their own investigations.
He suggested providing it on a debit card that allowed universities to see the receipts.
Proposals have been drawn up to allow universities to buy a graduate's student loans.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com