On the 28th of November this year, the Australian "Telstra ANZ Visa" card will be renamed the "ANZ Rewards Visa". The Rewards Points from this card will be able to be converted to AU-Airbucks at a rate of 133.33 Rewards Points to the AU-Airbuck.
Standard earning rates are 1 point per AU$1.50 spent up to a ceiling of $50,000 [$100,000 for the Gold] so for every AU$199.995 spent one can earn an AU-Airbuck.