Wow. Thanks for this. This then represents fantastic value for a life membership if you look at the purchasing power of the pound. I mean approx £1,500 gets you life membership to most BA lounges .. that's incredible. I'll sign up next few days.
What threw me originally was that on the Qantas Club site there's a list of lounges but they only list LHR and Frankfurt - and even those weren't real Qantas lounges.
http://www.qantas.com.au/info/flying...tions/ukEurope It's strange why only two are listed. Really strange.
Am I right in assuming Qantas Life is the only life membership that exists of all the major airlines? Is there anything else I should be considering?
Also do the T&Cs cover you literally "for life" - is there any way they can null and void these life memberships in 5 years time or something else unexpected short of Qantas going bust?