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Storia in 5 fonti
A $3.4b collapse exposes the mess of our housing industry
The collapse of Bathla is a disaster for the national housing supply and affordability project: its now-stalled pipeline of 14,000 apartments represents about 18.5 per cent of new housing stock to be built in NSW this year.
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smh.com.au
‘Literally no cash’: Failed developer Bathla owes $3.4b as debts continue to rise
Construction on the company’s projects will grind to a halt if funding is not secured by Monday, administrators told a meeting of creditors on Friday.
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afr.com
Living in ‘half a house’: How Bathla turned cheap housing into a nightmare
The downfall of the developer has left families stranded in half-built homes and sent shockwaves through the private credit market.
