September 7, 2026 — 11:04am

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More than 200 staff have been stood down from the collapsed Bathla Group after a weekend of crisis talks, as administrators confirmed construction on developments in Sydney would be suspended.

Bathla said in a statement on Monday that it had reached a short-term funding agreement with five lenders to enable limited operations to continue for a further two weeks, but 213 staff had been stood down and “construction on other projects will be suspended today”.

Administrator Stephen Longley said: “Our immediate…

Read the full article at SMH.COM.AU