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Why are Bathla and other home builders collapsing?

Owing about $3.4 billion to private lenders, Bathla's voluntary administration has thrown the construction of more than 2,000 apartments into limbo, while jeopardising a further pipeline of 14,000 hom...

Owing about $3.4 billion to private lenders, Bathla's voluntary administration has thrown the constru

ction of more than 2,000 apartments into limbo, while jeopardising a further pipeline of 14,000 homes.

SOURCE: ABC News AU - Int'l 2
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
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