This is definetly true
Schools need to ensure their students are aware of a small addition to the Textiles and Design major projects criteria for 2012.
The following text has been added to the criteria for supporting documentation in students’ folios on page 10 of Assessment and Reporting in Textiles and Design Stage 6:
“A clear and easily read font, equivalent in size to 12-point Times New Roman, should be used for text.”
A quote from the board themselves as last year.
Though I don't think it is meant to limit any creativity with folio design just increase the readability, in other words make sure what you say can be read by a marker without causing any grief because apparently if they can't read it easily they don't go looking for those extra marks.
Hope this helps and if you are in need of any more assistance I would be glad to give it.