What is the transfer ratio from ANZ reward points to Velocity points?

I’m about to sign up to ANZ rewards black CC (not the FF black card) I get 150,000 bonus points if I meet the minimum spend criteria. Can you tell me if I transfer those Anz rewards point to velocity I’ll get 150,000 velocity points or when I transfer is it 2 rewards pointS to 1 velocity point?

The bonus is for 150,000 ANZ Rewards Points after $4,000 of spend in 3 months. Thus, you would be earning those 150k points in ANZ Rewards currency which you can then transfer to Velocity at a 2:1 ratio or to Krisflyer/Asia Miles at a 3:1 ratio.

That means that in effect, you are getting 75,000 Velocity points/50,000 Krisflyer/ 50,000 Asia Miles.

Thanks, 2:1 ratio is crap. I’m better off getting the FF black and getting more qantas points.