I agree with Yeila. It's great if you're planning to transfer into something else, and you're not quite sure yet. It sort of eases you into uni, because there are fewer hours and the work is not as hard as other courses (well I'm assuming it isnt, because my friends were scraping passes in their commerce/pharmacy/engo courses, and I breezed a D average in arts. They're smart people. Their courses must be killer).
I'm planning on transfering to B.ed(primary teaching) next year, so yeeah I'm going to be a teacher. Most people are like "lol arts", because it doesn't set you up for a specific job. You generally have to do a diploma of something, or tranfer later on, but arts is a good place to start. It's also fun. It's so flexible and you can basically do whatever interests you.
Yes, you'll never get an engineer's 6 figure starting salary, but that shouldn't affect your choice. If you're interested in art subjects, then do arts, or an arts-based course. You're going to be at uni for a few years, you might as well enjoy it.