Aug 30, 2026 – 5.01pmThe collapse of major developer Bathla is pushing the federal and state government’s home building targets further out of reach, leaving around 5 per cent of properties expected to be built in NSW this year in limbo and prompting warnings that low-income buyers will be most disadvantaged.Bathla collapsed into administration owing more than $3.3 billion last week, with insolvency and restructuring specialist Teneo preparing to wind down the business on Monday afternoon if lenders do not agree to finance months of operation, bringing to a halt work on about 2500 apartments.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Bathla failure puts dent in Labor’s hopes for big housing build
Economists said the collapse of the major Sydney home builder would ripple across the sector, given it had been focused on delivering cheaper apartments.
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