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Cordyline palm tree


We have had a palm tree (a cordyline australias) planted in the garden 2.5 years. Over the last 3 months it has started to rot away and now looks a right mess, we can’t seem to find any advice or anywhere to go to help…could anyone advise me as to what it is and how to resolve it? Thanks!0
Posts
It might shoot from the base, but I think this one looks like it's had it.
I'd do nothing , but wait