September 30, 2026 — 12:01am

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Queensland Ballet posted a net operating loss of $5.24 million after a near 30 per cent slump in annual box office revenue.

But the multimillion-dollar hit to the bottom line in 2025 was a significant improvement on the $9.5 million loss the previous year, which prompted the company to cut 29 staff, including eight dancers.

Total income rose 13 per cent on the prior year to $24.9 million, according to its 2025 annual report.

Queensland Ballet chair Brett Clark OAM said the result represented encouraging progress…

Read the full article at SMH.COM.AU