Opal Centre's Future Uncertain Amid Financial Crisis
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Australian Opal Centre, a $37 million project in Lightning Ridge, faces an uncertain future due to severe financial losses. Despite government funding, construction halted last May due to cost overruns and inflation. The project, a visionary initiative like the Sydney Opera House, has left locals and supporters disappointed after two decades of effort. The newly appointed board is negotiating to end the builder contract and exploring recovery plans, including boosting donations, selling assets, and potentially handing operations to Walgett Shire Council. Officials estimate an additional $6-7 million is needed to finish and open the centre, with construction potentially resuming in a couple of years.
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