Opera Australia May Have To Sell Real-Estate Assets To Remain Solvent

With the rest of the company’s summer season in Sydney cancelled, including the popular and lucrative outdoor Opera on the Harbour, CEO Rory Jeffes said, “suddenly we were in a position where we had to show [the board] that we could refund all our tickets sold for the future and have no income from ticket sales for the foreseeable future.” – The Sydney Morning Herald