TROPICAL Cyclone Iris has reformed into a category one system in the Coral Sea this morning.
The Bureau of Meteorology advised that TC Iris was located about 310km east of Cairns and 330km northeast of Townsville at 10am.
The cyclone is moving southwest at 13 kilometres per hour and has a central pressure of 995 hPa.
The BOM issued a warning saying that Tropical Cyclone Iris was expected to continue moving southwest for most of the day today, before becoming slow moving tonight.
On Tuesday the system is expected to turn east and move away from the Queensland coast.
It may develop further, but is not expected to cross the Queensland coast.
Damaging wind gusts and heavy rainfall are possible about coastal and island areas between about Rollingstone and Sarina as the cyclone makes its closest approach to the coast.
A severe weather warning is current for these conditions.