Looks like AFF has added an article on this. Another media outlet reached out to Qantas, and this is what they responded
Article: Qantas Devalues Points Plus Pay & Hotel Redemptions
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FlyingKangaroo
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"We were never transparent about this so the devaluation is in fact not a devaluation because we never promised any value at all."Apparently, Qantas is saying that 1.5 cents per point was a media narrative, and it was never a formal communication from Qantas. So, there is no devaluation
Love this for us.
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