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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.
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