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Australia has a housing shortage but builders are still collapsing. Why?

Owing about $3.4 billion to private lenders, Bathla's voluntary administration has thrown the construction of more than 2,000 apartments into limbo, while jeopardising a further pipeline of 14,000 homes.

Photo: ABC News

Owing about $3.4 billion to private lenders, Bathla's voluntary administration has thrown the construction of more than 2,000 apartments into limbo, while jeopardising a further pipeline of 14,000 homes.

Originally published by ABC News. Read the full story at the source →

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