Opera Australia has turned around a $10 million deficit to nearly break even at an operating level in 2025 and has flagged the redevelopment of its Sydney headquarters to incorporate affordable housing as a way of further shoring up its balance sheet.
Australia’s largest performing arts company increased its box office take 30 per cent to $65 million, its 2025 annual report released on Wednesday shows, as its tentpole musical Hadestown performed far better than Sunset Boulevard the year prior.
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