Why this investor is keeping $1.2m in private credit despite Bathla
by Andrew Hobbs · Australian Financial ReviewAndrew HobbsWealth reporter
Sep 10, 2026 – 5.00am
Andrew Crawshaw admits he was nervous about his private credit investments when he first heard that Bathla had collapsed owing $3.4 billion to creditors even though he had not lent any money to the property developer.
After all, the former lawyer has about $1.2 million of his retirement savings invested in a type of private credit similar to that which Bathla used to fund some of its projects.
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- Private credit
- Bathla collapse
- Investing
- Property development
- Commercial property finance
- Smart Investor
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Andrew HobbsWealth reporterAndrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.
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