Hundreds of Bathla Staff Sacked Amid Negotations

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. By far the biggest of those recent collapses has been the Bathla Group, a Sydney developer that’s been one of Australia’s largest affordable home builders. Owing about A$3.4 billion to private lenders, Bathla’s voluntary administration has thrown the construction of more than 2,000 apartments into lim…

Hundreds of Bathla staff sacked amid negotations

Bathla Group entered voluntary administration in late August.

Breaking: Bathla stands down staff as it faces collapse

The floundering Bathla Group has stood down 200 staff as it tries to find urgent funding.

Bathla Collapse: A$4.9 Billion of Sites May Not Rescue A$3.4 Billion of Debt

SYDNEY, September 6, 2026, 5:40 p.m. AEST — Bathla Group's 219 sites carry a preliminary A$4.9 billion stated value against about A$3.4 billion owed. That apparent A$1.5 billion cushion is the trap. Site values do not pay Monday's bills. Bathla financed much of its portfolio project by project, so sale proceeds will probably follow each…