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25 August 2026

Major Sydney property developer collapses after ‘perfect storm’, leaving buyers in limbo

Downunder Voices Newsroom

Source reporting: The Guardian World

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Major Sydney property developer collapses after ‘perfect storm’, leaving buyers in limbo

Bathla Group says softening sales and impacts from federal government’s May budget contributed it being placed in voluntary administration Follow our Australia news live blog for latest updates It joins the long list of Australian residential builders and property developers which have entered voluntary administration or liquidation due to soaring material costs, labour shortages and fixed-price contracts.

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