Recent Australian government decisions to reduce university funding while pushing greater numbers of students through the tertiary sector are the latest challenges to the business models of Australian universities. To do so, Professors of strategy at the University of Technology Sydney Business School, Timothy M. Devinney and Grahame R. Dowling, suggested an out-of-the-box solution that would be an opportunity for building a national icon, create opportunities for local governments and corporate interests to align, and provide a foundation for building true world-class excellence in business and management (as well as potentially in law and economics). At the same time, it would serve to reduce the undue stress being placed on the existing university structure. They proposed that it was necessary for Australia to have a professions-only university − within which would sit the management disciplines, economics, accounting and law as separate units. They cited SMU is one of such institutions which are highly successful, and stand as national icons.