Failed Firmus float to rock ASX; EV makers cut prices; have rents stopped rising?

Monday 12 October 2026

The ASX, brokers and the tech sector brace for the fall-out from the failed Firmus float.

• Renewed fighting in the middle east and higher oil prices are set to hit global markets as investors buy gold
• Major EV manufacturers cut prices for vehicles in Australia
• Household rents might have hit a ceiling
• Donald Trump’s extraordinary 36 hours of criticism

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