Episode Details

The Bathla Group, a major housing developer, faces a crisis after collapsing under $3.4 billion in debt, leaving over 200 workers stood down and key Sydney projects stalled. Administrators secured temporary funding from five lenders to keep operations alive for two more weeks, but urgently need $20 million to pay remaining staff and finish critical work. Creditors met last week, with a formal funding plan due by Monday — tensions are high as everyone watches to see if a rescue can be pulled off.

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