Business
Failed Sydney builder Bathla gets extra year as books show massive gap
Reported by Sneha Patil (Staff Writer) · Google News - Australia Business ·
A court has granted collapsed Sydney property developer Bathla a twelve-month extension while administrators uncover a massive financial gap of seven hundred million to seven hundred thirty-six million dollars in the company accounts. The financial shortfall has triggered intense scrutiny over deposit records and pre-sales that do not add up, raising serious concerns for private credit funds exposed to the business and threatening rescue bids.
More in Business
BusinessExplainer
Australia warns of AI threats and heavy power use by data centres
Reported by Aditya Chauhan (Staff Writer) · Google News - Australia Business ·
Representative image · PexelsBusiness
ACT promises to keep power firms whole and expand solar market
Reported by Ananya Das (Senior Writer) · Google News - NZ Business ·
Business
British retail sales climb higher in August despite rising inflation
Reported by Shreya Kapoor (Senior Writer) · Google News - UK Business ·