Yes because looking at the earn category tables for MH, routes where QF think they compete on, points earn is significant crippled (or perhaps simpler and fairer). That's anything between Australia and Malaysia, Middle East or Europe.Strange factor is Status credit from Syd to KL is 30 with 4000 points but KL to Colombo was 40 status with 2000 points.
It's been like this since MH joined Oneworld, so it seems to be allowed.