Qantas facing massive fines for allegedly selling tickets for cancelled flights

Competition regulator ACCC is taking Qantas to Federal Court alleging the airline advertised tickets for more than 8,000 flights that it had already cancelled but had not removed from sale. ACCC alleges deceptive, false and misleading conduct. Also Australia Post reveals a $200 million full year loss as the letters decline worsens and community service obligation costs weigh. Australia Post chief executive Paul Graham speaks with ABC's Peter Ryan. Featured: Gina Cass Gottlieb, ACCC chair; Paul Graham, Australia Post chief executive