Vietnam Airlines is offering 12 months instant status match for Gold and Platinum frequent flyers with Qantas and Virgin Velocity.
Status with SkyTeam alliance comes with reciprocal perks including lounge access on 19 member airlines across five continents.
Qantas Silver & Velocity Silver = Vietnam Airlines Titanium = SkyTeam Elite. Cost to Status Match: US$99 (A$145)
Qantas Gold & Velocity Gold = Vietnam Airlines Gold = SkyTeam Elite Cost to Status Match: US$159 ($235)
Qantas Platinum & Velocity Platinum = Vietnam Airlines Platinum = SkyTeam Elite Plus Cost to Status Match US$299 (A$440)
Full list of SkyTeam Airlines All Credit to Executive Flyer
It's marked as a freebie, I don't think the status match process is free.