With the school holidays concluding on the weekend, this correlates with a 36% drop-off in total revenue with the Australian box office totalling $15.15 million.
A large chunk of that total comes from Venom, which retained its top spot for the second week in a row despite a 56% decrease in revenue.
The other big earner this week was the Neil Armstrong biopic First Man, which cracked two million in its first weekend. The other film to join the top five this week was Bad Times a the El Royal, which debuted at #4.
Two films dropped out of the top five. Ladies in Black dropped to sixth spot, bringing home $912,859 in its fourth week in cinemas. The House with a Clock in its Walls slipped to seventh spot generating $685,450 in its fourth week in theatres.
#1 Venom $4.12m
After a monster start to its run in Australian cinemas last weekend, it has followed it up with another healthy total averaging $8,578 across 481 screens. This brought its total after two weeks to $15.98 million.
#2 First Man $2.32m
The film starring Ryan Gosling as American astronaut Neil Armstrong debuted on 433 screens for an average of $5,379.
#3 Smallfoot #1.41m
Continuing its solid run through the school holidays, it slipped only one spot in the rankings with a 51% decrease in revenue. The Yeti-based family film had an average of $4,553 across 310 screens to bring its Australian total to $12 million.
#4 Bad Times at the El Royale 1.21m
The neo-noir thriller by Drew Goddard starring an ensemble cast of Jeff Bridges, Cynthia Erivo, Dakota Johnson, Jon Hamm, Cailee Spaeny, Lewis Pullman, Nick Offerman and Chris Hemsworth debuted at #4 despite showing on only 242 screens. This was thanks to a strong average of $5,033.
#5 Johnny English Strikes Again $1.04m
Keeping a spot in the top five after four weeks in theatres, the third entry in the Johnny English franchise produced an average of $3,677 across 283 screens despite a 47% decrease in revenue from last weekend.