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Breaking: Bathla stands down staff as it secures funding

Breaking: Bathla stands down staff as it secures funding
ABC Australia Monday 07 September 2026, 00:45 UTC By Alex Turner-Cohen and Lin Lin 1 min read
Key Points

Bathla Group stands down staff as it secures short-term funding agreement By Lin Lin and Alex Turner-Cohen Posted , updated Bathla Group has reached a short-term funding agreement with five of its lenders which will continue its survival for another two weeks. The administrator, Teneo, says this funding will allow construction to continue on those lenders' construction projects. However, construction on other projects will be suspended today, resulting in approximately 213 employees being...

Bathla Group stands down staff as it secures short-term funding agreement By Lin Lin and Alex Turner-Cohen Posted , updated Bathla Group has reached a short-term funding agreement with five of its lenders which will continue its survival for another two weeks. The administrator, Teneo, says this funding will allow construction to continue on those lenders' construction projects. However, construction on other projects will be suspended today, resulting in approximately 213 employees being stood down. Loading
Bathla Group (ORG) Lin Lin (PERSON) Alex Turner-Cohen (PERSON) Teneo (PERSON)
Originally published by ABC Australia Read original →

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