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Sydney Developer's Collapse Rocks $144 Billion Market

1 source ·1 article ·2h ago

Bathla Group’s $2.3 billion shortfall has stalled 72 apartments and left contractors unpaid. Here's how the collapse exposes risks in Australia’s $144 billion private credit market. Bloomberg’s Paul Allen reports. (Source: Bloomberg)

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Bloomberg Markets ·2h ago

Sydney Developer's Collapse Rocks $144 Billion Market

Bathla Group’s $2.3 billion shortfall has stalled 72 apartments and left contractors unpaid. Here's how the collapse exposes risks in Australia’s $144 billion private credit market. Bloomberg’s Paul Allen reports. (Source: Bloomberg)