Qantas slashes flights to Asia, warns coronavirus outbreak could cost it $150 million

Qantas will slash flights across Asia as the coronavirus crisis continues to damage airlines around the world. 

The airline said a lockdown on travel due to the virus will carve between $100 million to $150 million out of its earnings. With both international and domestic flights cut, Qantas jobs could be in jeopardy with 700 staff being put on paid leave. 

Qantas boss Alan Joyce speaks with ABC's Peter Ryan.

Photo: Peter Ryan, ABC

Coles admits underpaying staff, sets aside $20 million for repayments

Supermarket giant Coles has becomes the latest major retailer to be caught up in a worker underpayment scandal. 

Coles has admitted a $20 million payroll "discrepancy" going back over six years. 

The Coles underpayment comes as the federal government threatens to ratchet up penalties for employers who rip off their workers.

Here's my coverage from The World Today

Toll Group systems recovering after cyber attack and ransom demand

Freight and logistics company Toll Group is recovering from a criminal cyber attacks that took many of its IT systems off line. 

Cyber security experts warn the attack is a wakeup call for companies that have become increasingly exposed to sophisticated cyber gangs based overseas. 

Here's my report from The World Today