A week of heavy rains has brought flooding in the Yarra Valley so Grant's not expecting much ballooning but the damp weather hasn't taken the heat out of the news:

• Qantas AGM reports no dividend this FY and its market share is down as it gets serious competition from the Middle East & Asia
• John Borghetti expects improvements are expected for Virgin Blue over the next year along with expansion into the Asian markets
• Approval has been given by the ACCC for V Australia to code share with Etihad
• AirAsiaX to fly into Christchurch and Air New Zealand welcomes them

With all that being wrapped up, we hassle Dan about his suggestion that we use a laugh track. Really, as if we would! :)