SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MACRO FLASH L impact

Troubled Australian developer Bathla halts construction after lender funds dry up

Australian developer Bathla Group on Thursday halted all remaining operations and "stood down" its workers after exhausting short-term lender funding it sourced after collapsing into administration last month.Bathla, one of Australia's most prolific affordable housing developers, entered administra…