EconomyEmbattled Sydney property developer Bathla warns it could fold by the end of the week

Administrators say Bathla Group could shut by the end of the week unless emergency funding is secured. Teneo, which took control after the developer entered voluntary administration, says some of its 350 head-office staff have gone unpaid for eight weeks, while thousands of customers are left with unfinished homes.

Sydneyproperty developmentinsolvencyunpaid wages

TThe Guardian★★★☆☆2026-08-31 05:06Original