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Bathla Group: major Sydney property developer collapsesafter ‘perfect storm’, leaving buyers in limbo

Bathla Group says softening sales and impacts from federal government’s May budget contributed it being placed in voluntary administration

Read full story on The Guardian
Australian Associated Press25 Aug 2026, 07:42 amUpdated 49 min ago1 min readWorldWorld
Bathla Group: major Sydney property developer collapses after ‘perfect storm’, leaving buyers in limbo

WorldAustralian Associated Press

Bathla Group says softening sales and impacts from federal government’s May budget contributed it being placed in voluntary administration

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Embattled home builder Bathla Group has been placed into voluntary administration, leaving customers in limbo in what it says is a “perfect storm” of circumstances.

It joins the long list of Australian residential builders and property developers which have entered voluntary administration or liquidation due to soaring material costs, labour shortages and fixed-price contracts.

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This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian

Source: The Guardian · Australian Associated Press. Published 25 Aug 2026, 07:42 am.

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