I wouldn't say that....
Its just that for most engineering streams you only do one course which is the first semester of Physics, which is like prelim content of moving about except using MX1 and MX2 maths.
I'm doing a compulsory second semester of Physics and there is some overlapping knowledge from HSC. Instead of learning new concepts I am just building on them and learning new applications for them. However it is still all maths, and all the historical stuff is left as an aside (its mentioned in lectures how things came about in history, but its not examinable).
If you do an actual Physics degree, all the relevant theory is useful in concepts (definitely not the HSC method of examining using explain questions and long impact on society and environment type questions and the what not though) but then you apply maths to obtain the results you want to the situations given.