The timing of these Qantas Frequent Flyer changes is very good, with the Air NZ / Virgin deal really annoying a lot of their most loyal customers (myself included)
http://www.ourairnz.co.nz/air-nz-new...ginbubble=true
It's a great opportunity for Qantas to poach the business flyers.
If Qantas matched my current Air NZ status, I would jump ship... literally.