Planning fallacy
The Sydney Opera House was expected to be completed in 1963. A scaled-down version opened in 1973, a decade later. The original cost was estimated at $7 million, but its delayed completion led to a cost of $102 million.
New South Wales
As Australia's most populous state, New South Wales is home to a number of cultural institutions of importance to the nation. In music, New South Wales is home to the Sydney Symphony Orchestra, Australia's busiest and largest orchestra. Australia's largest opera company, Opera Australia, is headquartered in Sydney. Both of these organisations perform a subscription series at the Sydney Opera House. Other major musical bodies include the Australian Chamber Orchestra. Sydney is host to the Australian Ballet for its Sydney season (the ballet is headquartered in Melbourne). Apart from the Sydney Opera House, major musical performance venues include the City Recital Hall and the Sydney Town Hall.