Originally Posted by pandaperth

You cannot use Qantas points to purchase an ordinary round-the-world ticket (such as a Oneworld Explorer or Global Explorer)

But Qantas does have a Oneworld Classic Reward option
See the points table - https://www.qantas.com/fflyer/dyn/fl...rades#oneworld
It is based on return travel, allows up to five stopovers and the number of points required depends on distance travelled and cabin class
IMO, it is very poor value