Debt forces Sydney builder Bathla Group into restructure
Bathla Group is a residential developer with heavy debts. The company called in external administrators. This came after a property market slowdown and rising building costs.
Why it mattersHome buyers may face delays getting their homes built. Contractors and suppliers may not be paid in full.
AustraliaHome buyers across Sydney's west with deposits at Bathla are now at risk; the company is part of a wider wave of Australian builder collapses putting pressure on housing supply.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
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