A quick search in Bankwest rewards website shows 75000 rewards points = 200 cash back in your credit card account or as virgin gift card.
Other benefits include,
Bonus
Enjoy 80,000 Bonus Reward Points when you meet spending requirements
Two complimentary airport lounge visits per year through Priority Pass™ Airport Lounge Membership
Starwood Preferred Guest® Gold Membership
Introductory balance transfer rate of 2.99% p.a. for the first 9 months
Standard
Earn 2.5 points per $1 spent on eligible purchases with no points cap
Foreign transaction fees waived
Up to 10% off at participating Hertz® car hire locations world-wide4
Complimentary credit card travel insurance
Not QF points, nor a super deal imo.