Those who joined when it was just what successful men did are often not particularly fond of the gender rules, keen on modernising, or passing on membership to their daughters, should they have any.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
