Property developer rescue talks collapse, funds dry up Scores of construction workers have been laid off after administrators of a major property developer announced rescue funding talks had failed. AAP · Sep 24
Court grants embattled developer 12-month extension The extension will allow administrators to finalise construction projects already underway, but is subject to securing additional funding. AAP · Sep 18
Australia has a housing shortage. So why are Bathla and other home builders collapsing? Across Australia, thousands of people are waiting to find out if their homes will be built, after several separate construction company collapses. The Conversation · Sep 7
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 The Guardian - AU · Sep 7
Developer hammered as staff stood down, projects paused The business model of a crumbling development firm has been labelled strange and opaque, after workers were stood down and construction projects halted. AAP · Sep 7
Time running out to keep housing developer afloat Administrators of embattled housing developer Bathla Group hope to secure a short-term funding package to keep the group afloat, but time is running out. AAP · Sep 4
Shaky foundations: Bathla’s downfall is one of many warning signs for Australia’s construction industry Thousands of buyers are in limbo as developer goes into administration, in crisis that casts more doubt on housing targets The Guardian - AU · Sep 4
Crisis averted but home developer still on life support A debt-laden residential developer has met a crucial funding deadline, but the group's short-term survival is far from secured, administrators say. AAP · Sep 3
Funding deadline looms for embattled home developer Administrators of a major residential developer have given themselves 24 hours to secure a make-or-break cash injection to keep the group afloat. AAP · Sep 2
Embattled Sydney property developer Bathla warns it could fold by the end of the week Administrators will be forced to close the business if it fails to secure additional funding, revealing hundreds of staff have not been paid for weeks The Guardian - AU · Aug 31
'Nowhere to go': developer collapse sparks buyer fears A major residential property developer has entered voluntary administration, sparking fears off-the-plan buyers might be swept up in the fallout. AAP · Aug 25
'Perfect storm': builder collapses, buyers in lurch Insolvency experts have been called in to help rescue a major property developer which has thousands of homes to build across three states. AAP · Aug 25