I think first you have to buy something substantial from The Good Guys (e.g. a TV, fridge, washing machine etc). They then invite you (via email or SMS) to activate reward categories. You then select and unlock the gift card category. Once you've unlocked the reward you can continue to purchase discounted gift cards for as long as you like.
You can also change your reward category once every 3 months.
There are over 100 gift cards available so I've pasted them all here: http://imgur.com/a/CxvYt
They have always been this way.