HS are waiving the $60 annual fee for the first year for new card holders who are also HS Friends (loyalty club, free to join). This won't be an offer for everyone, but might be of interest to some, especially if you often shop at HS.
Amongst the offers is a free $25 credit to spend in store when your card is approved, 5% off electrical items and 10% off all other items (including already reduced), an extra 12 month warranty on electrical items, access to VIP events and interest free offers etc.
As with any credit card, make sure you read and understand the PDS and terms and conditions!