The price of loyalty: David Jones shoppers to bank Qantas points in revamped scheme
The tie-up allows David Jones to piggyback off the nation's largest loyalty program, with more than 17 million members, when it unveils its own rewards program in late September.
'Clearly, our current proposition at David Jones was much more of a birthday reward scheme. This is much, much more than this,' David Jones chief executive Scott Fyfe said.
'Customers will get the preference whether they want to earn David Jones reward points or they want [Qantas frequent flyer points]. The major benefit we've got is that anyone [who] joins the collective scheme, from a Qantas frequent flyer perspective, will be able to redeem through David Jones, and get the full curation and offer of our brands, both in the store ... as well as online.'
Qantas Loyalty boss Andrew Glance said the two companies enjoyed a long history, stretching back to 1947 when Qantas recruited its first female cabin crew who made their first pit stop at David Jones to be fitted out in a military-inspired uniform. In 1948, David Jones buyer Mary Alice Shiell flew Qantas to Paris to secure the first Christian Dior parade outside the fashion capital.
'We walk into these partnerships very strategically, and we do it for absolutely the right reasons,' said Glance.
One in two Qantas frequent flyers are already David Jones shoppers, and two-thirds of Qantas points are earned through retail partners.
David Jones will announce further details of its new rewards program in late September.
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News.com.au
6 hours ago
- News.com.au
MCC ex-boss David Jones' secret mancave scores big payday
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The Advertiser
8 hours ago
- The Advertiser
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Taxes are the price we pay for civilisation, but they are also a tool we can use to change the shape of our economy, not just its size. As the Treasurer embarks upon a national tax reform debate, it's important that the Australian public thinks about what we actually want to tax and how much. Who is paying too little tax? Are we taxing the right things? These are all democratic questions as much as economic ones. Taxes are just one of the ways that governments raise the revenue needed to provide the hospitals, schools, roads, aged care and social safety nets Australians rely on. The more tax a government collects, the bigger the public sector it can sustain. But who we choose to tax and how much has profound implications for fairness and equity. The fact is, Australia is one of the lowest-taxing countries in the developed world. Australia raises very little tax revenue compared to similar countries. If Australia were to collect the same amount of revenue from taxation as the OECD average, the Commonwealth would have had an extra $140 billion in revenue in 2023-24. Think what an additional $140 billion a year could deliver for your local emergency room, primary school, aged care facility or national park. Economists will tell you that we should tax the things we want less of and subsidise the things we want more of. In Norway, they tax the bejesus out of the gas industry and subsidise young people to attend university for free. In Australia, we subsidise the gas industry and charge our kids a fortune to get a university degree. We are one of the richest countries on Earth, yet our unemployment benefits are so low that those without a job are forced to skip meals and visits to the doctor and dentist. 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As many Australians have been struggling with the rise in the cost of living in recent years, the Labor government redesigned the stage three income tax cuts to make them fairer, ensuring that low- and middle-income earners received $84 billion more in benefits over the next decade than Scott Morrison would have delivered. While Morrison prioritised the highest income earners in the country, Anthony Albanese and Jim Chalmers had different priorities. We all pay GST, but private health insurance and private schools fees are exempt - is that fair? Private schools often include activities like swimming and music lessons as part of the curriculum, meaning they are included in the GST-free school fees. But parents who send their kids to public schools and pay extra for private swimming or music lessons, pay GST on them. Scott Morrison negotiated a GST top-up deal with WA - a resource-rich state - but smaller and poorer states like Tasmania miss out on additional revenue they need. 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Budget restraint is important except when it comes to the tax they should pay. Australia currently collects more money from students paying HECS than it does from gas companies paying the Petroleum Resource Rent Tax and the gas export industry would like to keep it that way, after all in some cases Australia is giving its gas away to them for free. Post-World War II, when the economy grew, everyone benefited, with the bottom 90 per cent of Australians sharing around 90 per cent of the benefits of growth. But in the decade after the GFC, up to the pandemic, that trend radically reversed, and the top 10 per cent pocketed 93 per cent of the benefits. That makes it clear that Australians can't afford to leave the economists from the banks and the powerful business lobby groups to lead the tax reform debate. If Australians want an economy that delivers for a majority of its people, we must make it clear to our leaders we expect fairness to be at the heart of any reforms.


Canberra Times
9 hours ago
- Canberra Times
Tax reform isn't hard. Slug multinationals and subsidise the things we want more of
We are one of the richest countries on Earth, yet our unemployment benefits are so low that those without a job are forced to skip meals and visits to the doctor and dentist. In fact, they are so low that they make it harder for those looking for work to find it because they don't have money to do basic things like travelling to interviews or buying professional clothing to present well at an interview. Australia spends less on the aged pension than most OECD nations, but we spend a hell of a lot giving superannuation tax concessions that mainly benefit the very wealthiest Australians. It makes no sense, but it's actually straightforward to fix.