Australia Watchdog Probes Bathla as Private Credit Flaws Persist

Australia's corporate regulator opened an investigation into Bathla Group, a Sydney-based developer that is insolvent, following surveillance showing deficiencies in lending practices across the country's private credit sector. The private credit industry in Australia is valued at approximately A$250 billion. The regulator's action followed identified poor practices within the sector.

• Bloomberg — Australia Watchdog Probes Bathla as Private Credit Flaws Persist

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