Citi ThankYou Rewards points can now be transferred 1:1 to Qantas Frequent Flyer if you have a USA-issued Citi Prestige, Premier or (discontinued) Chairman credit card. Details here:
https://www.thankyou.com/pointsTrans...itemId=1867669
Flyertalk Citi | ThankYou Rewards forum
HERE.
http://www.flyertalk.com/forum/citi-...-partners.html