This isn't quite a case of "Everybody has won, and all must have prizes!" but it's jolly close. There are (if I've counted right), 22 institutions in Australia awarded university status since 1966, and 19 made it onto this list, including—with a score of 36.7 out of 100—Southern Cross University. If a remedial high school, rubber-stamping worthless qualifications for the next generation of hotel managers, bartenders and baristas, counts among the world's 150 least worst, how bad could the other three possibly be?