MORGAS, to the best of my knowledge there are three tertiary institutions in Australia through which you are able to HECS your flight and bachelor's degree. Swinburne in Melbourne, Griffith in Brisbane and WA Aviation College in Perth. The Swinburne course is part of the Qantas Cadet Program.
www.swin.edu.au/aviation/flyers/2008BTechInfoSheet.pdf
http://www.qantas.com.au/info/about/...achelorsdegree