Homeowners wait to learn if collapsed property developer Bathla will be bailed out | 7.30
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Administrators are scrambling for a financial lifeline to keep developer Bathla building homes beyond next week. The construction giant collapsed last month owing more than $3 billion dollars, most of it to private lenders, exposing a potentially risky business model propping up the homebuilding industry. 7.30’s Fiona Willan reports. 7.30 is the ABC's flagship current affairs program, delivering original journalism, exclusive investigations, in-depth analysis and interviews on the major issues affecting Australia and the world. With on-the-ground reporting from ABC journalists across every state and territory and around the world, 7.30 has the latest on politics, policy, the economy, cost of living, housing, health, climate and energy, national security and global affairs. Presented by Sarah Ferguson, 7.30 scrutinises the decisions and actions of politicians, business leaders and other powerful institutions through rigorous interviews and investigations. Watch full episodes
Tags: abc news, australian news, abc news indepth, documentaries, long-form journalism, bathla, property development, real estate, homes, housing, property, homeowner, home buyer, investing
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