Billionaire businessman Alex Waislitz and his partner Antony Catalano have been forced to raise millions in emergency funding for View Media Group, their high-stakes play to challenge REA Group and Domain for a slice of Australia’s property listings market.
Accounts lodged with Australia’s corporate regulator revealed that View lost $40.6 million in the year to June 30, the majority of which was as a result of mothballing their own listings portal view.com.au earlier this year.
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