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The Australian
 

Good afternoon,

Rio Tinto has snapped up Arcadium Lithium for $US5.85 (about $8.70) a share, in a transaction valuing the target at $9.92bn, reports DataRoom's Bridget Carter.

Digital property advertising heavyweight REA Group says more homes coming up for sale should moderate price growth this spring.

Adelaide retail scion Matthew Trim has fallen into bankruptcy after being accused by liquidators of running a “Ponzi” scheme that allegedly embezzled hundreds of thousands of dollars from a failed real estate agency before its collapse.
Perry Williams
Business editor
The markets


Commentary
Six options to fix Victoria’s gas woes, but all come with risk
By ROBERT GOTTLIEBSEN
Business Columnist
Only Victoria is to blame for its gas woes. There are six alternatives on the table, all of which have problems.
Latest news
Commercial property market picks up as deals soar to $6.2bn
Offshore investors, domestic institutions and private capital are back as the cycle moves past the bargain-hunting phase.
By BEN WILMOT
RBA’s Covid funding program cost $9bn
The RBA’s Term Funding Facility came at a cost of $9bn to the central bank and it has learnt valuable lessons that could help to shape any future program, according to an internal review.
By DAVID ROGERS
‘We need Chinese EVs’ to combat climate change: Uber
The ride-sharing giant is partnering with Chinese electric vehicle maker BYD to make EVs more affordable and says high tariffs and US-style bans are not helpful in combating climate change.
By JARED LYNCH

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