Penrith. Loss turns into profit

Strict financial management and a packed schedule of crowd-pulling programs has seen Penrith’s premier cultural venue post its first profit in its three-year history, according to the Penrith Press. The paper has learned the Penrith Performing and Visual Arts, which comprises the Joan Sutherland Performing Arts Centre, the Q Theatre, Penrith Regional Gallery and the Conservatorium of Music, posted a profit of more than $100,000 in the last financial year; a turnaround from the $192,000 loss recorded in the previous year.