White text reading ‘Statement’ centered on a pink-to-red gradient background.

The following statement can be attributed to a Virgin Australia Group spokesperson:

We welcome the clarity provided by the RBA today and acknowledge the consultative approach throughout this process. Today's outcome is consistent with the recommendations first outlined last year. 

We have used this time to prepare accordingly, working closely with our financial services partners, and remain confident in the long-term growth opportunities for Velocity Frequent Flyer.  

Importantly, credit cards and financial services products that offer travel rewards remain highly desirable, and we know Aussies love their reward flights, particularly as they look to maximise value from their everyday spend in today’s cost-of-living environment.  

Velocity Frequent Flyer is proud to offer some of the best value reward seats in the market, starting from just 5,900 Points. 

ENDS

MEDIA CONTACT  

Virgin Australia Group Corporate Affairs: corporateaffairs@virginaustralia.com or 1800 142 467.