Despite a record profit on domestic routes, higher fuel costs on long-haul flights dragged down profitability at Qantas.
Wall Street moves between gains and losses after the US central bank releases its meeting minutes, while Australian investors await some major company results and January jobs figures.
Former NAB chief executive Andrew Thorburn's fall from grace was not only swift, it appears to have been very expensive as he will leave behind a potential windfall in short and long-term bonuses.
A showdown looms in State Parliament over the 10-year extension of tolls on CityLink, which the Government argues is needed to pay for the $6.7 billion West Gate Tunnel.
The supermarket giant says food sales growth improved in the second quarter, edging ahead of rival Coles, during a "challenging" half for the company.
The Australian share market is eyeing gains at the start of trade, after a strong sales result from US retail giant Walmart helped lift Wall Street.
Mining giant BHP's half-year earnings are hurt by operational issues including the forced derailment of a runaway iron ore train.
It has been a case of the good, the bad and the ugly on one of the busiest days in the ASX's February reporting season
The popular collectables campaign boosted sales over the half but the effect seemed to wane in the second quarter as Coles delivers its first result since spinning off from Wesfarmers, while wealth management firm IOOF shrugs off a humiliating royal commission run to deliver a surge in profit.
The Australian share market looks set for a fairly muted start to trade, as investors await local earnings results from mining giant BHP, supermarket Coles and vitamin maker Blackmores.