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Private credit alarm after Bathla collapse
The $3 billion collapse of western Sydney developer Bathla Group has raised alarms about the private credit sector.
The failure is a cautionary tale for investors in private lending funds.
Analysts are warning that similar risks may exist elsewhere in the market.
The collapse has prompted renewed scrutiny of lending practices and risk management.
Western Sydney
Major region of Sydney, New South Wales, Australia
Major region of Sydney, New South Wales, Australia