TWU demands Qantas pay back $2.7 billion pandemic relief as airline sees record annual profit, ASX edges lower on US debt talks — as it happened

The Transport Workers Union has demanded that Qantas pay back $2.7 billion in government COVID-19 handouts, after Qantas told investors to expect a record before-tax annual profit of up to $2.5 billion. 

And the Australian share market has edged down amid jitters over the US debt ceiling negotiations. 

See how the trading day unfolds on our live blog.