Thursday's news in under 5 minutes

News Update: Channel Seven to air unseen Schapelle Corby footage.

Channel Seven is set to air unseen footage of Schapelle Corby after her release from prison.

The footage will be broadcast at 8pm this Sunday on Seven’s Sunday Night program, and will follow Corby inside her car as she leaves Bali’s Kerobokan Prison, as well as document her reunion with her sister Mercedes as a free woman.

You can watch the preview for the episode below:

1. Qantas cuts

UPDATE: Qantas chief executive Alan Joyce has confirmed the airline will axe an expected 5000 jobs over the next three years.

Speaking at a media press conference today, Joyce said: “We will cut where we can in order to invest where we must.”

Qantas is expected to announce a $350 million loss this morning when the company announces its financial results.

5000 jobs are expected to be cut and the announcement is expected to include the early retirement of older Boeing 767 and 747 planes.

The announcement comes as the Federal Government is considering a short-term debt guarantee, as well as repealing the foreign ownership limits that cap the company’s foreign ownership at 49 per cent.

Reports that workers may strike over the cuts have seen security ramped up in airports around Australia.

The announcement is expected shortly after 9am.

2. Asylum seeker death during riots

A preliminary report from police in Papua New Guinea has shown that 23-year-old Reza Barati, who died on Manus Island during the violent clashes most probably died from multiple blows to the head probably from a piece of timber.

Fairfax media report that local G4S guards had carried out the violent suppression of the protest. PNG police and local villagers did not appear to be involved.

Deputy police commissioner Simon Kauba told Fairfax Media that warning shots had been fired, these had likely calmed the situation, he said. “Otherwise, the place would have been burnt to the ground.”

3. Corby matter back before court

The NSW Federal Court will today hear two matters relating to Schapelle Corby – with both Mercedes Corby and the Seven Network lodging documents against the AFP.

It is believed that Mercedes Corby is sueing over the AFP’s attempts to seize any money paid to her sister Schapelle for a media interview.

4. Accused breaks down in court

The NSW Supreme Court has heard of a violent struggle that occurred between accused murderer Paul Mulvihill and his former mistress Rachelle Yeo.

Mulvihill, who has pleaded not guilty broke down in court while telling of the struggle over a knife. He claims he was acting in self-defence when Rachelle Yeo was stabbed with a large kitchen knife at her apartment in Sydney’s north in July 2012.

5. Dyslexia ‘may not exist’

Researchers from two top international Universities have written a controversial book claiming that dyslexia may not exist, and may just be overused as a term to describe children with reading difficulties.

The researchers say the term is often just used by middle class parents worried their child may be labeled as stupid or lazy.

For more read this post here “Academics say dyslexia ‘may not exist’.

6. Royal Commission into sexual abuse

A government run institution for girls was much like a concentration camp the Royal Commission into child sex abuse has heard.

Girls at the Parramatta Girls Training School and the Institution for Girls at Hay, both in Sydney were drugged, beaten, raped and forced into solitary confinement – not just by officials but also by other girls.

Over 30,000 girls went thorough the two institutions.

The commission’s hearing continues today.

7. Aussie Actor in court

Sam Worthington has appeared in a New York court on assault charges after allegedly punching a photographer.

Worthington claims he was protecting his ‘wife’ Lara Bingle.

The court ordered him ordered to stay away from photographer Sheng Li for six months.

8. Morwell residents plead for help

A fire burning in the Hazelwood open cut coalmine since February 9 has left residents of the Victorian city of Morwell increasingly concerned about the health effects of the thick smoke and ash that have blanketed Morwell for more than two weeks.

The Victorian Government is offering $500 to assist with temporary relocation to residents who qualify. Many say this money is not enough, and that the Government is not doing enough to help.

The smoke is expected to continue for another two weeks.

9.Stephen Conroy under fire

Labor Defence spokesman Stephen Conroy is coming under heavy criticism after refusing to apologise to Lieutenant General Angus Campbell. Conroy accused the military commander in charge of the Government’s asylum seeker boats mission of conducting a political cover-up.

Prime Minister Tony Abbott has demanded an apology for the “brain snap”.

“I think that uniformed officers of our country should be treated with our deep respect,” Mr Abbott said

10. WA shark cull policy to court

The West Australian Government is headed to court to defend its shark cull policy.

In the WA Supreme Court hearing, set down for next week, Sea Shepherd’s lawyers will challenge the legality of the shark cull – backed up by the Mum of a board boarder who was killed by a shark.

Sharon Burden – whose son Kyle was killed in 2011 – has put her name on the action, saying, “when you feel strongly about something and you have to follow through.”

10. British soldier Lee Rigby’s killers sentenced

The killers of British soldier Lee Rigby have been sentenced overnight for hacking the soldier to death in broad daylight on a London street.

Michael Adebolajo, 29, received a whole-life term while Michael Adebowale, 22, was jailed for a minimum of 45 years at the Old Bailey court in London.

The men were removed from court after a violent scuffle.

11. Turns out you can’t teach a baby to read

Researchers have proven that there is no benefit to babies from products that attempt to teach them to read.

The New York University’s School of Culture, Education and Human Development tested a range of available ‘reading’ products for babies including DVDs, books with flip pages and specially designed word and picture cards finding the products had no benefits for the babies.

12. US couple strike gold

A husband and wife in the US have found $10 million in rare gold coins buried on their property in Northern California while walking their dog.

The gold discovery is thought to be the largest of its kind in U.S. history.

After seeing something shiny in the ground and digging the couple unearthed eight metal cans in February 2013.

The news is only now being made public.

What news are you talking about today?