Grand entrance: Kylie minogue attends the premiere of Strictly Ballroom the Musical.

Grand entrance: Kylie Minogue attends the premiere of Strictly Ballroom the Musical. Photo: James Morgan

Red velvet and mirror balls set the scene for a star studded world premiere of Strictly Ballroom the Musical on Saturday night.

Sydney's Lyric Theatre was bursting to its 2000-person capacity for the "most glamorous opening this theatre has seen", a spokesperson said.

"In the vein of Baz Luhrmann, everything was over the top and wonderful.’’

Star couple: Baz Luhrmann and Catherine Martin.

Star couple: Baz Luhrmann and Catherine Martin. Photo: Britta Campion

The director arrived with his wife, Oscar-winning set and costume designer Catherine Martin.

Along the red carpet he was snapped exchanging a bear hug with long-term friend and actor Jack Thompson, who starred in Luhrmann’s The Great Gatsby.

Kylie Minogue arrived a little too late for the red carpet but in time to catch the show.

Luhrmann first devised Strictly Ballroom as a play at NIDA in 1984, and turned it into a hit movie in 1992.

Correction: An earlier version of this story incorrectly stated that Jack Nicholson was at this event.