# Firmus fallout goes global, the big energy lie & housing can’t find a bottom

An episode of [Chanticleer](https://invisiblenetwork.ai/podcast/1643369456), 16 Oct 2026, 43 min.

Audio: https://pdst.fm/e/traffic.omny.fm/d/clips/88b564ea-a9a6-4751-910a-a5d800019396/c39e4dba-33a4-405c-b94b-af0500363f54/8b6703ea-022c-416b-aa3d-b4e5004d84ad/audio.mp3?utm_source=Podcast&in_playlist=c01f272e-2665-489b-81d4-af05003bd914

This week, Chanticleer columnists James Thomson and Anthony Macdonald look at how the Firmus fallout has spread around the globe and given the AI trade the wobbles, they ask why Australia is telling itself a big lie about the energy transition, and examine whether the property market can find a bottom. This podcast is sponsored by Stripe To ask a question, email chanticleer@afr.com Further reading: Housing just can’t find a bottom. And one market is crashing Property veteran Louis Christopher is looking for two signs that the property market is bottoming. Neither is emerging, and on the Gold Coast, things are really getting ugly. The pain that killed Firmus’ float is spreading. Here’s a new victim AirTrunk’s decision to delay its Singaporean property IPO is another sign that the rising cost of capital is starting to foster doubts in the global artificial intelligence trade. Australia is in an energy cold war, like it or not Forget the climate wars. Energy security has become national security, and Australia’s policy paralysis is leaving us behind. See omnystudio.com/listener for privacy information.

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