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7 September 2026

More than 200 people stood down at embattled housing developer Bathla amid $3.4bn debt

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Source reporting: The Guardian World

More than 200 people stood down at embattled housing developer Bathla amid $3.4bn debt

Sydney-headquartered group suspends work on some of its 45 construction sites affecting 60% of workforce Follow our Australia news live blog for latest updates The insolvency advisory Teneo said on Monday that new short-term funding arrangements would only allow Bathla to continue construction on some of its 45 construction sites, though it did not identify which projects were being prioritised.

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