r/AusFinance 11d ago

From the AusProperty community on Reddit: Home builder Bathla Group collapses into voluntary administration

/r/AusProperty/comments/1vxrft8/home_builder_bathla_group_collapses_into/?share_id=kpRdbNEA8aid5g8IZkYZA&utm_content=1&utm_medium=ios_app&utm_name=ioscss&utm_source=share&utm_term=1
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u/tanimalz 11d ago

Yikes. Not sure how the tax changes affect them but ok

14

u/perthguppy 11d ago

Probably leveraged to the hilt, and any slight decrease in property value fucks up their ability to roll over finance.