This week on the Chanticleer podcast, James & Anthony look at Donald Trump’s great tariff u-turn, meet the newest member of private equity’s hall of shame, and examine trouble at Macquarie, better known as the Millionaires Factory.

To ask a question, email chanticleer@afr.com

This podcast is sponsored by Aussie Broadband.

This week on the Chanticleer podcast, James &amp; Anthony look at Donald Trump&rsquo;s great tariff u-turn, meet the newest member of private equity&rsquo;s hall of shame, and examine trouble at Macquarie, better known as the Millionaires Factory.
To ask a question, email <a href="mailto:chanticleer@afr.com">chanticleer@afr.com</a>
This podcast is sponsored by <a href="https://www.aussiebroadband.com.au/enterprise/" data-stringify-link="https://www.aussiebroadband.com.au/enterprise/" data-sk="tooltip_parent">Aussie Broadband</a>.

Australia's most prestigious business column is now a podcast. Chanticleer is a weekly news breakdown of all things business, finance and markets. Every Friday, Australian Financial Review columnists James Thomson and Anthony Macdonald go behind the doors of corporate Australia to give you their unvarnished analysis.

Australia's most prestigious business column is now a podcast. Chanticleer is a weekly news breakdown of all things business, finance and markets. Every Friday, Australian Financial Review columnists James Thomson and Anthony Macdonald go behind the doors of corporate Australia to give you their unvarnished analysis.

Chanticleer

All the latest episodes from all of the AFR's podcasts. 

All the latest episodes from all of the AFR's podcasts.&nbsp;

Latest episodes 

Trump’s tariff U-turn, private equity’s hall of shame & Macquarie’s hubris

This week, Chanticleer columnists James Thomson and Anthony Macdonald look at why the next 40 years could be tougher for investors, businesses and policymakers, they take you inside this week’s special chook lunch to learn the secrets of an AI pioneer and they extract the big lessons from Australia’s great AI hack.

This podcast is sponsored by Stripe

To ask a question, email chanticleer@afr.com.

Further reading:
Australia’s OpenAI hack just exposed a threat to the AI bubble
We all think the AI bubble will be popped by debt, overcapacity or a lack of demand. The Aussie hack is a reminder the AI giants have another problem.
Want to really fix Australia? Here are five big ideas
Escaping Australia’s growth trap starts with a simple idea that we just can’t seem to nail.

This week, Chanticleer columnists James Thomson and Anthony Macdonald look at why the next 40 years could be tougher for investors, businesses and policymakers, they take you inside this week&rsquo;s special chook lunch to learn the secrets of an AI pioneer and they extract the big lessons from Australia&rsquo;s great AI hack.
This podcast is sponsored by <a href="https://stripe.com/au?utm_campaign=APAC_AU_EN_Google_Google_Search_Brand_Stripe_EXA-22370438132&amp;utm_medium=cpc&amp;utm_source=google&amp;utm_content=741310679462&amp;utm_term=stripe&amp;utm_matchtype=e&amp;utm_adposition=&amp;utm_device=c&amp;gad_source=1&amp;gad_campaignid=22370438132&amp;gbraid=0AAAAADKNRO6rX9LRRi6oKNAQq79YAbu_Y&amp;gclid=Cj0KCQjwteTUBhD4ARIsAEYjs3rIL7iKX9g4hscOegutvNVAmHjIwwhSn8lQHWAN5C5_WeOcE9w740QaAgkBEALw_wcB">Stripe</a>
To ask a question, email <a href="mailto:chanticleer@afr.com">chanticleer@afr.com</a>.
Further reading: <a href="https://www.afr.com/chanticleer/australia-s-openai-hack-just-exposed-a-threat-to-the-ai-bubble-20260924-p610au?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">Australia&rsquo;s OpenAI hack just exposed a threat to the AI bubble</a> We all think the AI bubble will be popped by debt, overcapacity or a lack of demand. The Aussie hack is a reminder the AI giants have another problem. <a href="https://www.afr.com/chanticleer/want-to-really-fix-australia-here-are-five-big-ideas-20260923-p60zxe?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">Want to really fix Australia? Here are five big ideas</a> Escaping Australia&rsquo;s growth trap starts with a simple idea that we just can&rsquo;t seem to nail.

Australia ageing (dis)gracefully, a diesel disaster looming & AI at the Chook lunch

his week in a special bonus episode of the Chanticleer podcast, we take you inside Tuesday’s Chanticleer lunch. Chanticleer columnist James Thomson hosts a panel discussion with Danielle Wood, the chair of the Productivity Commission, Jane Macaloon, the chair of Blue Scope and Dion Hershon, the executive chairman and head of Australian equities at Yarra Capital Management.

In this chat the panel discusses productivity, AI adoption, getting the regulatory balance right, energy policy, economic growth and how to improve Australia's manufacturing and innovation.

To ask a question, email chanticleer@afr.com.

his week in a special bonus episode of the Chanticleer podcast, we take you inside Tuesday&rsquo;s Chanticleer lunch. Chanticleer columnist James Thomson hosts a panel discussion with Danielle Wood, the chair of the Productivity Commission, Jane Macaloon, the chair of Blue Scope and Dion Hershon, the executive chairman and head of Australian equities at Yarra Capital Management.
In this chat the panel discusses productivity, AI adoption, getting the regulatory balance right, energy policy, economic growth and how to improve Australia's manufacturing and innovation.
To ask a question, email <a href="mailto:chanticleer@afr.com">chanticleer@afr.com</a>.

App exclusive: Chanticleer lunch panel conversation

This week, Chanticleer columnists James Thomson and Anthony Macdonald try and sort out whether AI is actually going to kill us all, they take you in what might be the biggest ASX float in Australian history, and try to figure out what a $1-a-day dose of Ozempic might mean for the economy. 

This podcast is sponsored by Stripe

To ask a question, email chanticleer@afr.com.

Further reading:
One way or another, AI’s gods have hit trouble. Firmus isn’t immune
Concerns about AI are as surreal as the numbers on the neocloud’s float. And those are the two threats to the story: either it doesn’t work, or it works too damn well.
Bigger than BHP: Firmus will be Australia’s most capital-hungry beast
The party’s only just getting started for the capital arrangers, who have a new favourite client.
Migration mess comes back to the economy, stupid
The government’s migration changes reflect the business-like approach that the corporate sector has been calling for. But don’t expect the heat in this debate to fade.
Inside the eye-watering numbers Firmus is finally revealing to fundies
The neocloud hopeful is talking a huge game, but it takes a dive into the prospectus to get the full picture of its long-term ambitions and profit projections.
How $1-a-day Ozempic could unleash a $12b boom
The combination of GLP-1 drugs in pill form and expanded access via the Pharmaceutical Benefits Scheme could turbocharge adoption in Australia.

This week, Chanticleer columnists James Thomson and Anthony Macdonald try and sort out whether AI is actually going to kill us all, they take you in what might be the biggest ASX float in Australian history, and try to figure out what a $1-a-day dose of Ozempic might mean for the economy.&nbsp;
This podcast is sponsored by <a href="https://stripe.com/au?utm_campaign=APAC_AU_EN_Google_Google_Search_Brand_Stripe_EXA-22370438132&amp;utm_medium=cpc&amp;utm_source=google&amp;utm_content=741310679462&amp;utm_term=stripe&amp;utm_matchtype=e&amp;utm_adposition=&amp;utm_device=c&amp;gad_source=1&amp;gad_campaignid=22370438132&amp;gbraid=0AAAAADKNRO6rX9LRRi6oKNAQq79YAbu_Y&amp;gclid=Cj0KCQjwteTUBhD4ARIsAEYjs3rIL7iKX9g4hscOegutvNVAmHjIwwhSn8lQHWAN5C5_WeOcE9w740QaAgkBEALw_wcB">Stripe</a>
To ask a question, email <a href="mailto:chanticleer@afr.com">chanticleer@afr.com</a>.
Further reading: <a href="https://www.afr.com/chanticleer/ai-s-apocalypse-now-fear-is-just-one-threat-to-the-firmus-fairytale-20260918-p60yf0?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">One way or another, AI&rsquo;s gods have hit trouble. Firmus isn&rsquo;t immune</a> Concerns about AI are as surreal as the numbers on the neocloud&rsquo;s float. And those are the two threats to the story: either it doesn&rsquo;t work, or it works too damn well. <a href="https://www.afr.com/chanticleer/bigger-than-bhp-firmus-will-be-australia-s-most-capital-hungry-beast-20260917-p60xxo?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">Bigger than BHP: Firmus will be Australia&rsquo;s most capital-hungry beast</a> The party&rsquo;s only just getting started for the capital arrangers, who have a new favourite client. <a href="https://www.afr.com/chanticleer/migration-mess-comes-back-to-the-economy-stupid-20260917-p60ybk?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">Migration mess comes back to the economy, stupid</a> The government&rsquo;s migration changes reflect the business-like approach that the corporate sector has been calling for. But don&rsquo;t expect the heat in this debate to fade. <a href="https://www.afr.com/chanticleer/inside-the-eye-watering-numbers-firmus-is-finally-revealing-to-fundies-20260916-p60xxn?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">Inside the eye-watering numbers Firmus is finally revealing to fundies</a> The neocloud hopeful is talking a huge game, but it takes a dive into the prospectus to get the full picture of its long-term ambitions and profit projections. <a href="https://www.afr.com/chanticleer/how-1-a-day-ozempic-could-unleash-a-12b-boom-20260915-p60xiz?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=chanticleer&amp;utm_content=&amp;utm_term=newsroom">How $1-a-day Ozempic could unleash a $12b boom</a> The combination of GLP-1 drugs in pill form and expanded access via the Pharmaceutical Benefits Scheme could turbocharge adoption in Australia.

Trump’s tariff U-turn, private equity’s hall of shame & Macquarie’s hubris

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