Bathla collapse exposes 12,000 to losses in Australia's biggest corporate failure since 2020
Construction company Bathla entered voluntary administration with debts of at least $3.6 billion. Up to 12,000 traders, suppliers and homeowners face losses. The figure is likely to grow.
Why it mattersTradespeople may not recover what they are owed. Homebuyers are stuck with unfinished houses.
AustraliaThousands of Australian tradies, suppliers and homebuyers are caught in the fallout, with many likely to face major financial losses.
✓ Claims checked against the source. checked 2 h ago
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