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Re velocity points:

FYI I heard on TV earlier (interview with Scurrah) that the velocity points are NOT at risk as they are backed by cash in a trust....?

I therefore suspect that the the "pause" on points redemptions is simply to avoid everyone panic-cashing their points in for vacuums or gift cards, because if the company stays operational, they will want a share of that $$ as income in the future, in the form of flight redemptions/upgrades, instead of it all going to "other" third parties like JB hifi or Myer. Just a thought.

Anyone know any more on this..? Must be some serious $$ in that trust!?