Stephen Mayne
speaker
4,460 appearances
12 recordings
1 series
first heard Apr 2026
last heard yesterday
Stephen Mayne’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 4.
Appearances
And then you've got a $3 billion collapse, which is the biggest sort of property housing collapse ever.
I can remember so many sites, 14,000 in the pipeline, so many consumers.
Anyway, where do you see Bath for now having done your deep dive ABC column?
And they didn't have the liquidity to do that.
So there is an argument about regulatory – it does look like regulatory tightening was a factor, but they obviously were running way too close to the wind.
They overpaid for sites.
You always hear that story in the market about they just came in and paid far too much for their land bank.
And then they're living in mansions.
It's got that whole sort of tabloid –
didn't build very good houses, dodgy practices and look at their mansions.
So that gets
Yes.
Well, that is interesting.
Just reminds me actually, there was a company called Australian Capital Reserve which went broke before the GFC in 2007 and they were financing $600 million in a whole bunch of properties.
And Becton, this developer who built my apartment back in the day in the Jolly Mount Railway Yards, Becton came in and bought the lot.
They bought the entire property portfolio that Australian Capital Reserve had for $533 million.
And then Becton went broke.
And one of the biggest losers in that was Bank of Scotland, which was, you know, one of the nationalised UK banks.
And that just points to how the system has changed because that can't happen this time because there isn't sort of major banking lenders that you can deal with.
You've got 50 private credit firms and special purpose vehicles on every side.
Showing 321–340 of 4,460 · page 17 of 223
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