The administrators of Virgin Australia have whittled down the number of suitors after spending the weekend mulling over all the non-binding offers. Find out who they are here.

Were you hoping to redeem some of your Velocity points to purchase a new toaster or some bed linen? Well, we’ve got some bad news.

Addicted to news about frequent flyer programs? Well, get ready to jab yourself once more with this.

Like the plot of I Dream of Genie, frequent flyer schemes seem to get more and more complicated without anyone noticing.

Here’s how a new player is disrupting the Aussie points and rewards landscape, where Qantas and Virgin wear the pants.