Sep 6, 2026 – 9.38amIt’s tempting to sensationalise the fallout from the collapse of developer Bathla and foretell major doom and destruction across the Australian property market and the economy.But when we asked several industry players on the frontline how the situation compared to the 2007 global financial crisis, they said it had the potential to be even worse.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Bathla’s collapse has property insiders panicking like it’s 2007
Australia’s ever-rising property market has masked all manner of sins, particularly in private credit, which has been shown up for its lack of discipline.
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