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File image: Modern fire station with red and orange elements, Australian flags, clear signage, daytime.
✓ ABC NewsMoney & Work

Five months on, Exmouth residents trapped in insurance backlog after cyclone

Five months after Cyclone Narelle hit Exmouth in March, insurance claims remain stuck in delays. One family is living in a shed.

Why it mattersUnprocessed claims mean families cannot repair homes or access funds for temporary housing, leaving them displaced months after disaster.

AustraliaThis affects the remote Western Australian town of Exmouth and raises questions about insurance company responsiveness to major disasters.

✓ Claims checked against the source. checked 9 h ago

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File image: Large multi-storey residential construction site with cranes and scaffolding in suburban area
✓ 7NEWSMoney & Work

Bathla Group seeks funds as 2,000 homes sit unfinished in Sydney

Bathla Group's administrators are seeking short-term funding to keep the developer running. But they warn it would only buy weeks to find longer-term money. The company has about 2,000 homes and apartments under construction. These span 45 projects, mostly in western Sydney.

Why it mattersBuyers have been left uncertain about losing deposits. Sub-contractors are owed money, with one kitchen joinery supplier claiming he is owed $750,000. A creditors' meeting on Friday will let those owed money hear from administrators. No decision on the company's future is expected at this meeting.

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