The Aussie market is struggling so far today, weighed down by the soft leads provided by international markets last night.

The XJO is currently off 1.2%, with most sectors in the red; materials and financials are the hardest hit, whilst consumer staples and healthcare are providing support.

In company news, Qantas is underperforming the market with the stock trading down 2% on the back of the latest strike related flight cancellations.

Around the region, Asian markets are all trading lower; the Hang Seng is down 0.8%, whilst the Nikkei is down 1.4%.