And this is the accepted truth of avios, however it is not, at least for domestic australia flights. For example Avios will charge you 4500 point for SYD-MEL r/t + $12 in coach which sounds great right? Wrong, Jetstar sells tickets for $44 r/t all-in. Making the "great" short-haul redemption of avios useless as they are essentially worth less than 1cpm. Tiger airways can get you there even cheaper at times. Avios are horrible for the domestic australian short haul market on a cpm basis, no two ways around it. The Avios devaluation is by far the worse ever of any major FFP.