Qantas Codeshare Partnership with Malaysia Airlines

Something weird is going on. ITA matrix shows the $1477 for your dates, fare basis is QLASA.

But viewing that fare in expert flyer it says it should cost $326 (plus tax) which probably ends up at the same price as MH. Both ITA matrix and expert flyer say it’s Q class.

I wonder if something has been loaded wrong?
Or maybe we're seeing what QF thinks SC and points are worth.
 
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