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Money Cafe: Frightening falls give Australia’s rich list a haircut

Kohler & Stensholt on what drove yesterday’s market mayhem and how exposed the super wealthy are to the plunge.

Stock prices displayed on boards at the Australian Securites Exchange in Sydney. Picture: AAP
Stock prices displayed on boards at the Australian Securites Exchange in Sydney. Picture: AAP

Listen in as Rich Lists Editor John Stensholt steps in for James Kirby and chats to The Constant Investor’s Alan Kohler about what drove yesterday’s market mayhem and how exposed the super wealthy are to the plunge. The duo also discuss some of the details revealed in Damon Kitney’s new Packer book, a new trend which has seen super funds step in to fill the gap in business lending and a whole boatload of listener questions.

Don’t forget to send you own questions to James and Alan via hello@theconstantinvestor.com.

Find all episodes of The Money Cafe and subscription links here.

Read related topics:AMP Limited

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Original URL: https://www.theaustralian.com.au/business/wealth/money-cafe-frightening-falls-give-australias-rich-list-a-haircut/news-story/e59fc8800b1ac5ba79e5527308c98ac8