Although making the premise of the article about helping students, this change in rules allows universities to essentially hold students captive as their visa is entirely held at the mercy of the university.
While studying in Australia, many students work, have their families with them and try to live normal lives. They can have jobs that they depend on and kids that depend on them. By tying their visa directly to a specific university, it gives the university the power to charge what they feel like and hold over their visa as collateral.
I had a quick look to see the background of 'the pie', and it is clearly an industry-funded propaganda machine who does nothing but churn out pro-industry articles.
In my work I've had a lot to do with successful inventors. Many of them have spotty academic background but have experience in technical trades like machining, fabricating or mechanics.
There are extremely smart and capable people who fall into cracks in the school system all the time. For example due to neurodivergence, family issues or poverty.
I would highly recommend books written by Temple Grandin to learn about neurodivergent education.
Nearly 320K in the normalest units.