Bathla stands down 213 workers as short-term funding secured | ABC NEWS
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The debt-ridden Bathla Group has reached a short-term funding agreement with five of its lenders which will continue its survival for another two weeks. The property developer's administrator, Teneo, says this funding will allow construction to continue on those lenders' construction projects. However, construction on other projects will be suspended today, resulting in approximately 213 employees being stood down. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-07/bathla-collapse-affordable-housing-quality-issues/107117958 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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