Workers at a major property developer have been stood down after the firm plunged into administration owing millions.
NSW-based The Bathla Group called in administrators earlier this week after failing to repay debts of $3.2m.
It has left its workers in limbo after administrators stood them down and the NSW government knocked back a bid for financial support.
In a notice published on the company’s website, CEO Robert Loader defended the decision to appoint administrators.
“We recognise this is a difficult situation, which is why we have taken a…