This was made available to me through work, but the link seems public.
From the blurb:
$149 welcome bonus
Reduced Annual Card fee of $149 (usually $195 p.a.)
Receive a $200 Travel Credit2 each year (Membership Rewards Ascent enrolees only)
Choose the Rewards program that suits you best - Membership Rewards Ascent or Qantas Direct
Transfer your points to a choice of 9 airline rewards programs
Complimentary worldwide Travel Insurance
Mods, please move if inappropriate. Hope someone finds this useful.
Edit:
Offer only available to new American Express Card applicants who are current Professionals members, apply, are approved and spend $750 on their new Card in the first 3 months from date of Card approval. Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. - Thanks to Dutch & lawbee.
do you have to be new to american express? do existing card members qualify?