BUSINESS

PRDNationwide has revealed in its latest report that Australia still has affordable houses and apartments in the suburbs near each capital city's CBD.

Alibaba has announced on Tuesday that its revenue during the fiscal third quarter of 2016 has increased to 54 percent.

An elderly couple in Tasmania, who hosted their home using Airbnb, has been fined through Tasmanian State Revenue Office’s robo-debt system.

US President Donald Trump scrapped the involvement of America in the Trans-Pacific Partnership (TPP) free deal when he signed an executive order on Monday, withdrawing the country's participation in the deal.

Optus Business announced on Monday about the five-year $75 million deal with Flight Centre Travel Group Limited (Flight Centre).

Village Roadshow has witnessed a significant decline in its attendance by Queenslanders in the wake of the Dreamworld tragedy where four people were killed. The decline has been more than 12 percent as compared to previous years.

Tesla Motors’ Autopilot tech has been cleared in a probe that went on for six months and it has come as a huge relief for Tesla fans and the company too. The six-month federal investigation, carried out because of a fatal crash involving the semi-autonomous Autopilot system in a Tesla vehicle, has also provided insights into how the automaker designed and developed it.

Pumpkin Patch will be closing its doors by mid-February after receivers were not able to attract a buyer. By the end of January, 68 stores of the childrenswear chain that employ 560 people will be shuttered.

Latest reports suggest that Tesla would be using its Nevada Gigafactory for building electric motors and gearboxes for its highly-anticipated electric vehicle Tesla Model 3. Nevada governor Brian Sandoval revealed that the lines will be installed at the Gigafactory, which will create 550 new jobs at the facility.

Airbus CEO Tom Enders has confirmed that its flying cars are currently in the experimental stage.

Donald Trump has warned German car companies including BMW, Daimler and Volkswagen that the US government would impose 35 percent tax to vehicles imported to the US market.

Tesla service centre woes are causing panic among Tesla Model 3 enthusiasts. The electric vehicle that is assumed to cost US$35,000 (AU$47,000) when released is undoubtedly the most-anticipated devices of the Elon Musk-led Tesla. However, even before the company has started delivering the vehicles, people are finding issues that Model 3 owners are most-likely to face when the vehicle arrives in the market.

Loy Yang employees would receive deep cuts to their take-home pay and superannuation after the approval of AGL's termination application on its current enterprise agreement.

Fewer Aussie CEOs has expected business conditions to improve in 2017 than in the previous year. However, they were cautious optimistic in the improvement according to AI Group's Business outlook survey.

The Australian motor industry is knee-deep in trouble, a fact more or less confirmed by the announcement that Toyota will not make its new Camry model in the country.

The Lily Camera also known as the selfie drone has been cancelled by its designers despite having an almost US$34 million (AU$45.4 million) of pre-orders since going on sale in June 2016.

ANZ has revamped its issuance policy of replacement cards for customers who lost their debit or credit card.

Hocking Stuart Yarraville and O'Brien Real Estate Croydon have been penalised for underquoting properties contrary to its actual selling price.

Donald Trump’s first press conference after winning the presidential election in which he addressed his alleged Russian connection has caused the Australian dollar to surge by one US cent. It is expected to surge further up to 78 US cents.

Fonterra is in the best position to declare the termination of its supply agreement with Bellamy.

Data shows that job vacancies increased by 2 percent to 181,000 in the three months until November. Compared to the same period of time last year, this rise is 7 percent more.

Bellamy has confirmed that Laura McBain has stepped down as the company terminated her contract as its CEO.

CoreLogic Australia's research has revealed that finding a house in Sydney that costs less than $1 million would be challenging specifically within the 20km radius of the CBD.

Financial planners are in-demand now in Australia as a result of the growing number of remediation projects in the country.

Boston University scientists have revealed that they have developed a blood test that can predict lifespans. As weird as it may sound, the scientists believe it is a game-changing blood test though the test needs to be conducted on larger groups of people to confirm the results. This breakthrough will allow patients to identify health risks early on and subsequently modify behaviour to change outcome.

Crown Resorts has named James Packer to be its new director as the casino mogul comes back after resigning from the same position in 2015.

The anti-cancer drug Venetoclax has just received Australia approval. The drug was developed by a team of international and Australian scientists and now it has been reported that the drug can “melt away” certain advanced forms of chronic lymphocytic leukaemia (CLL).

Australia’s retail sales figures are out, and they are not even near to what was expected. The AUD saw a relative declined in value in early local trade on Tuesday.

Primary Health Care’s Managing Editor and Chief Executive Officer Peter Gregg has been given a court notice asking him to face the court over allegations made by Australian Securities and Investments Commission that he broke law by falsifying records during his tenure as Leighton Holdings executive.