Virgin Australia boss Paul Scurrah to consider compulsory face masks on all flights if health officials demand

Virgin Australia chief executive Paul Scurrah says he would consider mandatory face masks on all flights in addition to Sydney and Melbourne if health officials demand. 

Mr Scurrah confirmed the airline went close to liquidation before US private equity firm Bain Capital rescued the company in the face of $6.8 billion owing to creditors.  

Mr Scurrah tells ABC's Peter Ryan he is confident creditors will approve the Bain Capital ownership although he concedes is it not yet a done deal.

Virgin Australia to slash 3,000 jobs for slimmed post-coronavirus operations

Virgin Australia has revealed plans to make about a third of its workforce redundant, with approximately 3,000 jobs expected to go under new owners Bain Capital, while 6,000 staff remain. 

Chief executive Paul Scurrah said it was a tough day for the airline, but would not guarantee the jobs cuts would be capped at 3,000 when pressed by the ABC's Peter Ryan.

Trucking giant says food supply certainty a priority as businesses assess lockdown rules

Businesses are scrambling to assess the impact of new lockdown rules introduced in Victoria to confront the pandemic. 

Glen Cameron Group chief executive Nick Capp tells ABC's Peter Ryan the trucking company is working with staff and customers to limit confusion. 

Mr Capp says the delivery of supplies to supermarkets is a priority to ensure consumers do not stockfile or panic buy.  

Wesfarmers boss flags staff stand-downs, urges review of Victorian lockdown rules; KPMG says measures could be "final nail in coffin" for many businesses

Wesfarmers chief executive Rob Scott says some Victorian staff will need to be stood down as a result of tough new lockdown restrictions in Victoria. 

Mr Scott is urging a review of the rules on a "risk based approach". 

KPMG chief economist Dr Brendan Rynne tells ABC's Peter Ryan that lost production in August could be $830 million and that the measures will be the final nail in the coffin for some businesses.  

Investors brace for falling profits as pandemic clouds company reporting season

Investors are bracing for the worst company reporting season in years, with predictions that some profits might collapse as the pandemic smashes the economy. 

Citi Australia head of research Craig Woolford has been grappling with the lack of profit guidance and is predicting that some full year earnings could fall between 15 and 20 percent. 

He's my analysis from RN Breakfast with Fran Kelly