I'm sure most people reading this are already familiar with the recent changes announced to Virgin Australia's Velocity Frequent Flyer program. In particular, from next year:
You'll earn status credits for Virgin Australia flights based on the amount you spend,
You'll earn fewer status credits on partner airlines, and
To earn or retain any status level, you'll need to earn at least half of the required status credits from VA marketed flights you personally fly (i.e. not from family pooling...