You went from the Superior WHY to the inferior whY?
All jokes aside Qantas to me feels like the more traditional airline and the other feels like a knockoff ever since I heard they label themselves to be a budget airline and before that I was delusional (although they are on the same league if you factor jetstar into the equation that's how rudimentary it is). According to that logic business class on budget airlines is still...budget. To me qantas points are perceived? to be more valuable can't put a reason behind it maybe it almost costs the same amount of points to redeem a Qantas flight versus the alternative and you know which one I'd choose if I want to get my woolie's worth (plus they serve a meat pie w/ your choice of drinks plus they pop a new can in front of you which definitely beats hot tea served w/ nothing but stale air any day of the year). Plus they partner with Woolies (which perceived by me is a slightly higher-end shopping experience than the alternative red evil cousin the you-know-who). Everything else equal, the fact that you get to fly on a big red kangaroo makes it a no-brainer.
And Qantas Club>alternative option. I would prefer my DIY toastie with resemblance of actual protein in it compared to the alternative option where they serve vegan spaghetti/macaroni coleslaw that I can easily buy from Woolies for $4 and get close to free near closing time I do not need to enter your lounge just to get the privilege of tasting it (same with their veggie soup). It's sad that the best thing I've had from their place is their clear glass noodles which is not necessarily quality food (boil some clear noodles, dump hot water out, add vinegar, sprinkle some cilantro, and viola you have glass noodles)! They also serve bite-sized finger burgers only on special occasions and only limit it to one per person (playing favourites to half its customers by asking if they would like 2 (go figure) while normal customers are only limited one (even if they come back for seconds) by someone which reminds me of the grumpy slug from Monsters Inc. handing the burgers as if he/she/it is the one paying for it with their own pocket). Their fries (served on special occasions only) are as dry as a dead cactus in the Sahara desert. All something that only a budget airline would do. Oh wait...
And also Qantas seems to have a more traditional brick-and-mortar lounge which is more preferable while the alternative seems to resemble a futuristic space station (design feels really plasticky and lots of surfaces covered with plastic coating w/ plastic reflections while trendy for an innotive office might not be so trendy for a lounge). Wake me up in 2200 when spaceships dominate the aviation industry but as of now I recall we're still in the era of aeroplanes (at least those carrying commercial pax)