Question on redemption ticket - baggage allowance (OW Sapphire, QF Gold)

First post here, long time reader.

I have a quick question regarding my redemption ticket, which I had used my QANTAS FF points for.

I'm currently QF Gold (OW Sapphire) and will be travelling from NYC-LHR in economy, am I entitled to one extra piece of checked luggage (i.e 2x 32kg) - this also applies to everyone in the same redemption booking?

I just want to make sure I'm reading this correct!

Thanks in advance!

One additional checked bag in any travel class

For everyone on your booking*, except on hand baggage only (Basic) fares, where there is no checked baggage allowance. A weight allowance of 32kg (70lb) per checked bag