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Storia in 4 fonti
Big banks brace for Bathla fallout as administrators struggle for cash
Investors and brokers say that while major lenders have avoided direct exposure to the failed developer, the hit to workers and valuations can’t be contained.
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afr.com
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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Bathla founder at risk of personal bankruptcy after securing loans
Bathla’s co-founder gave personal security on loans despite having little to his name. The developer’s demise may result in those creditors pursuing him for bankruptcy.
