Bathla Group needs $20 million by Thursday or enters liquidation
Teneo, the administrator of Bathla Group, one of Sydney's largest builders, has until Thursday to find $20 million. If it fails, the company will enter liquidation.
Why it mattersNSW is already struggling to meet its housing targets. Losing 2,500 homes from construction would worsen the shortage, and higher costs would make building homes even harder.
AustraliaNSW home delivery could stall, housing prices rise further, and thousands of Australians waiting for built homes face years of delay or total loss of deposits.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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