Associate editor Primrose Riordan and courts correspondent Max Mason on why Jon Adgemis is struggling to keep the details of his $1.8 billion financial collapse secret and what his story tells us about the private credit market.

This podcast is sponsored by Westpac.

Further reading:
Jon Adgemis thought he was winning. Then his CFO took the stand
The failed pub baron has been trying to keep the details of his $1.8 billion financial collapse secret. But a chatty former accountant is making that difficult.
Adgemis’ right-hand man alleges tax con funded ‘exorbitant lifestyle’
The business affairs of the former KPMG deal maker-turned-bankrupt are being scrutinised, with allegations of “sham arrangements” to pay for his spending.
From playboy pub baron to bankruptcy: Inside Jon Adgemis’ $1.8b fall
From KPMG consultant to “glamour banker” with the “Midas touch” to junk-debt-laden bankrupt. It’s been a wild ride for Jon Adgemis and Public Hospitality Group.

Associate editor Primrose Riordan and courts correspondent Max Mason on why Jon Adgemis is struggling to keep the details of his $1.8 billion financial collapse secret and what his story tells us about the private credit market.
This podcast is sponsored by <a href="https://www.westpac.com.au/">Westpac</a>.
Further reading: <a href="https://www.afr.com/companies/retail/jon-adgemis-thought-he-was-winning-then-his-cfo-took-the-stand-20260813-p60o1f?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_fin&amp;utm_content=&amp;utm_term=newsroom">Jon Adgemis thought he was winning. Then his CFO took the stand</a> The failed pub baron has been trying to keep the details of his $1.8 billion financial collapse secret. But a chatty former accountant is making that difficult. <a href="https://www.afr.com/companies/retail/where-d-the-money-go-adgemis-cfo-flips-on-former-boss-20260812-p60nl5?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_fin&amp;utm_content=&amp;utm_term=newsroom">Adgemis&rsquo; right-hand man alleges tax con funded &lsquo;exorbitant lifestyle&rsquo;</a> The business affairs of the former KPMG deal maker-turned-bankrupt are being scrutinised, with allegations of &ldquo;sham arrangements&rdquo; to pay for his spending. <a href="https://www.afr.com/property/commercial/from-playboy-pub-baron-to-bankruptcy-inside-jon-adgemis-1-8b-fall-20251002-p5mzgv?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_fin&amp;utm_content=&amp;utm_term=newsroom">From playboy pub baron to bankruptcy: Inside Jon Adgemis&rsquo; $1.8b fall</a> From KPMG consultant to &ldquo;glamour banker&rdquo; with the &ldquo;Midas touch&rdquo; to junk-debt-laden bankrupt. It&rsquo;s been a wild ride for Jon Adgemis and Public Hospitality Group.

A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.

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A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.
Search The Fin and follow us wherever you get your podcasts.

A weekly podcast that examines the biggest stories in business, markets and politics, and why they matter.