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In the US people refinance loans to lower rates if it goes down (vs. their original rate). Generally after 5 years into loan period, this becomes worthwhile vs. any fees/penalties/prohibitions, although some do it sooner. In general it is what people had been doing for most of last 2 decades.

Thank you @serfty that is exactly what I was looking for as a definitive response. It is what I expected from Qantas and such a different philosophy to this to many other loyalty programs in travel but it is what it is. Safe travels to you!!

Hi - I saw this being discussed here briefly a decade ago - You must fly a minimum four eligible flight segments on Qantas, QantasLink or Jetsta but it seemed more like people's opinions. Is there a link with a detailed definition or a correspondence someone has got directly from Qantas stating...

Personally I think Qantas will only do it if they start to see a critical mass of non Asian airlines do it. Companies are starting to extend travel advisories and bans more generally to employees. Facebook cancelled their annual developer conference held in California in April today. They may...