{"id":878198,"date":"2026-09-03T04:50:15","date_gmt":"2026-09-03T04:50:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/878198\/"},"modified":"2026-09-03T04:50:15","modified_gmt":"2026-09-03T04:50:15","slug":"bathla-group-will-meet-its-payroll-obligations","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/878198\/","title":{"rendered":"Bathla Group will meet its payroll obligations"},"content":{"rendered":"<p class=\"paragraph_paragraph___QITb\">Embattled property developer Bathla Group looks set to meet its payroll deadline today as its future hangs in the balance.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The ABC has confirmed with two sources with direct knowledge of the negotiations that some funding has been secured to meet some of Bathla&#8217;s payroll obligations today.\u00a0<\/p>\n<p class=\"paragraph_paragraph___QITb\">Meanwhile negotiations are continuing between the administrator and lenders over short-term funding.\u00a0<\/p>\n<p class=\"paragraph_paragraph___QITb\">The ABC understands some of the lenders are still working through a short-term funding package to keep the company going for the next few weeks, with legal teams drafting the terms of this package.\u00a0<\/p>\n<p class=\"paragraph_paragraph___QITb\">While the group isn&#8217;t being shut down, its situation remains precarious.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The first formal meeting of creditors is scheduled for Friday at 11am.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Embattled property developer Bathla Group looks set to meet its payroll deadline today as its future hangs in&hellip;\n","protected":false},"author":2,"featured_media":878199,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-878198","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/878198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=878198"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/878198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/878199"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=878198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=878198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=878198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}