Breaking down Bathla
About this episode
The episode discusses the collapse of Bathla Group and its implications for the property and construction markets.
Bathla Group has collapsed owing billions, with hundreds of projects caught up in the fallout. But when a developer that big goes under, the bigger question is what it tells us about the wider market. Was Bathla simply a company that grew too fast and took on too much debt - or is it a sign of deeper pressure across property and construction? In this special episode of ABC Business Daily, ABC Business reporter Lin Lin is joined by AMP Chief Economist Shane Oliver to unpack how higher interest rates, rising construction costs and the growth of private credit are reshaping the industry. Listen to our chat with Satyajit Das here . Read Lin Lin's reporting on Bathla Group here. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.
People in this episode
Host: Lin Lin
Guest: Shane Oliver
Topics covered
- property market
- construction industry
- economic pressures
- debt
- interest rates
- private credit
Keywords
- Bathla Group
- collapse
- property market
- construction costs
- interest rates
- economic impact
- private credit
Mentioned in this episode
Organizations: Bathla Group, AMP, ABC Business Daily, ABC Australia
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