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Australia Watchdog Probes Bathla as Private Credit Flaws Persist

Bloomberg Markets Monday 09 November 2026, 18:00 UTC By Richard Henderson 1 min read
Key Points

Australia Watchdog Probes Bathla as Private Credit Flaws Persist Australia’s corporate regulator has opened an investigation into insolvent Sydney developer Bathla Group as its latest surveillance showed that poor practices persist in the country’s A$250 billion ($172 billion) private credit industry. “I can confirm we have commenced a formal investigation in relation to the conduct of the affairs of the Bathla Group,” Simone Constant, commissioner for the Australian Securities and...

Australia Watchdog Probes Bathla as Private Credit Flaws Persist Australia’s corporate regulator has opened an investigation into insolvent Sydney developer Bathla Group as its latest surveillance showed that poor practices persist in the country’s A$250 billion ($172 billion) private credit industry. “I can confirm we have commenced a formal investigation in relation to the conduct of the affairs of the Bathla Group,” Simone Constant, commissioner for the Australian Securities and Investments Commission, said in a statement on Tuesday. “We are making inquiries in relation to private lenders but have not commenced any formal investigation at this stage,” Constant said.
Australia (LOCATION) Probes Bathla (PERSON) Sydney (LOCATION) Bathla Group (ORG) the Bathla Group (ORG) Simone Constant (PERSON) the Australian Securities and Investments Commission (ORG)
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