Qantas Classic Reward & Upgrade Devaluation on 5 August 2025

Just as a data point for upgrades, I submitted a request for an upgrade late last night on a domestic flight. Got the text just before 6am this morning saying it was confirmed, and it was processed at the old rate (as expected).
 
Interesting! BNE-IST has gone down a bit in Y, was 61,500 now 58,900. I think J is more, it's available at 151,800. But I can't see the taxes because I don't have enough points in my account. The trip I booked last month BNE-BKK-MCT-IST is up to 75,900, I used 66k points last month.

Next year's trip to Solomon Islands is up slightly from 18k to 20,700.
 
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Well i didnt manage to find better flight last night so Im rolling the dice that I can change my existing OWA PNR later and still cap out at 318k.

I had really hoped QF might have dropped a bunch of Classic Awards today to compensate for the price rise.
 
Interesting! BNE-IST has gone down a bit in Y, was 61,500 now 58,900. I think J is more, it's available at 151,800.
This is due to Emirates being moved from the partner reward table to the Qantas reward table with these changes. This is favourable for Y redemptions on EK.

EK J would previously have been 139,200 (old partner reward table), as you’ve pointed out now 151,800 (new Qantas reward table). If they had remained on the partner reward table, it would be 167,000 today.
 

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