Most unfortunate acronym.
As Red Symons said shortly after the name change, "I'm looking forward to seeing the university T-shirts". I thought it would become Federation University of Australia or something like that shortly after the acronym issue was noted, but it hasn't happened.
Even better, the campus creche is the Federation University Children's Centre.
Rumour has it that during a Machinery of Government change the name Department of Primaries Industries and Energy survived the early planning stages until someone pointed out the acronym. Those on terminal desks were most disappointed.
Sustainable Population, Environment and Water (the feds this time) suffered a similar fate.