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Opera Australia ‘bleeding cash at an incredible rate’ due to box office blow – The Sydney Morning Herald

Outgoing chief executive Rory Jeffes also predicted another difficult year and a “significant loss” as the national company struggled to recover “from its biggest…

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The operating deficit was reduced to a $2.9 million loss when factoring in philanthropy and investments. OAs reserves fell to $39 million.
Around one in four patrons donated back $1.3 million in refunds from cancelled shows. OAs capital fund established 20 years ago to secure the companys future had its strongest fundraising year ever and returned $1 million to OA.
As well as the blow to the box office, designer Carla Zampatti died in a Sydney hospital after a serious fall at the premiere of La…

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