Aug 27, 2026 – 5.00amThe nation’s $200 billion private credit sector is showing increasing signs of stress after some of its biggest firms limited redemptions on their portfolios, prompting the corporate regulator to warn that significant cracks were beginning to appear in the industry.Australian Securities and Investments Commission chairwoman Sarah Court said private credit firms were facing their first “real test” after several private credit lenders were caught up in the collapse of Sydney property developer Bathla, which has more than $3.5 billion in debt.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles