Looks like qantas is feeling the heat from the VA LTG offer. It’s been the missing link for them and a real reason to be fly more on VA. 

I wonder how long before qantas builds out an upgrade list, like what you can see in AA or UA app. So helpful to set expectations!!

HiDid Qantas recognise status retention offered during covid for Lifetime status. I've not seen a change in my lifetime membership over the last 2 years, where I couldn't travel much, but I retained Planinum.