VX decided overnight to increase the one-way redemption levels on domestic VA by 15-25%. So instead of 3k/5k for MEL-SYD in Y/J, it became 3.5k/6k. Longer sectors went from 8.5k to 10k.
Return itineraries are not affected. No announcements or notifications made.
What's funny is that for redeeming on VS LHR-EDI it costs 2500 Elevate points return in economy, a trip of a similar distance on VA is 6000 Elevate points!