The only thing which might change is this soft power option. I can't see how a three week cooking course gets a five year visa, but maybe the government is hoping this will entice people to come back frequently for long stays. If they're in the country spending money, I guess the aim has been achieved
I only maintain ties with Australia because it suits me financially. I don't give a stuff about governments or politics. I'm retired and when I retired I decided my life is now all about ME. Australia offers terrific concessions to Aussie Tax Residents and because of that I will never cut my ties, to do so could potentially cost me hundreds of thousands of dollars