Ignoring the specifics in this case, I'm in favour of the govt requiring that the degrees available are viable for career progression. Speaking as someone from Australia, I see too many universities offering degrees that the target industries don't actually value as a credential, or the university itself has no post-grad academic path. If the degree can't lead to anything it shouldn't exist imo.

Many industries don't actually require a degree, just that you can "do the thing", and you're much better off doing a shorter course at some private outfit (provided it's actually good), or just skilling up online.

A big example that comes to mind is game dev, which is a borderline scam at uni. You're much better off doing comp sci or software eng, and then building a port folio in your own time then taking any course with "game" in the title.

An even bigger example is game design, which should be considered a senior role and not really a position where a path exists directly from any course.