Secret plan to sell off Powerhouse museum building as budget crisis looms
- Posted on September 4, 2026
- By The Sydney Morning Herald
- 2 Views
- 1 min read
In brief
Following the departure of CEO Lisa Havilah, the Powerhouse Museum faces potential asset liquidation as Treasury officials examine its financial sustainability. The institution's ambitious Ultimo redevelopment project has come under intense scrutiny amid growing budget constraints. This development signals mounting pressure on cultural institutions to reduce expenditures and explore alternative revenue streams during economic uncertainty.
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Secret plan to sell off Powerhouse museum building as budget crisis looms
Just one week after chief executive Lisa Havilah stepped aside, Treasury is scrutinising the institution’s Ultimo redevelopment.
