The Pulse Illawarra

The Pulse Illawarra

The Illawarra fallout: inside Sanjeev Gupta’s financial house of cards

How debt and ambition unravelled at Tahmoor

Janine Graham's avatar
Janine Graham
Apr 12, 2026
∙ Paid

The collapse of Tahmoor Coal was not a market failure — it was the end result of a precarious financial model now under investigation in the UK, Australia, and Europe. The Illawarra’s workers unders…

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