Resale Royalty Admin Fee Increase

Posted by Aboriginal Art Directory | 09.06.15

Copyright Agency has just announced a 5% increase in its administration fees on Resale Royalties, to take effect from 1 July 2015. This increase brings the service cost to 15%, in line with fees being charged by resale schemes internationally. For an average transaction it will not have a major effect on payments being made to the artists. Since 2010 (when the Resale Royalty Scheme was first introduced) more than 10,000 resales, generating almost $3.4 million in payments to artists, have been reported. The highest payment has been $55,000, but on average the payments are recorded as being between $50 and $500, and on that basis a typical increase will be between $2.50 and $25. So on a $50 royalty, for example, CAL will now deduct a $7.50 (15%) admin fee, along with 1.5% (the 10% GST) which is payable to the Government, and $41.75 will be paid to the artist. The Resale Royalty Scheme has been the subject of some debate. While dealers have claimed it harmful to trade, it has been regarded byAboriginal artists as a source of pride and an important moral rights recognition. It is also a system which improves provenance, here argued by Russell Drysdale's daughter, Lynne Clarke, putting the case for the importance of archival documentation and chronology of ownership in an opinion piece published by the Australian Financial Review earlier this year. The number of Aboriginal or Torres Strait Islander artists who have received royalties is stated as 65%, or approx 40% of the total royalties to date.» Read More

 

'EARTH AND SKY' AT TARRAWARRA

'EARTH AND SKY' AT TARRAWARRA

Posted by Jeremy Eccles | 03.06.15

When the eight Indigenous artists chosen for the Musee du quai Branly commission were announced in 2005, John Mawurndjul from Maningrida made a dynamic speech entirely in his Kuninjku language, and everyone there at the Art Gallery of NSW felt...» Read More

 

THE IRREPRESSIBLE MRS B

THE IRREPRESSIBLE MRS B

Posted by Jeremy Eccles | 01.06.15

The late Nyurapayia Nampitjinpa – more frequently known as Mrs Bennett or Mrs B – is the latest Aboriginal artist to receive the accolade of a Big Picture Book costing over a hundred dollars ($110 from Macmillan, to be precise)....» Read More

 

Gary Foley Awarded 2015 Red Ochre

Gary Foley Awarded 2015 Red Ochre

Posted by Aboriginal Art Directory | 27.05.15

Australia Council's 8th National Indigenous Arts Awards will be held at the Sydney Opera House. And this year, the Awards - comprising the prestigious Red Ochre, two Fellowships and the Dreaming Award - will be celebrating the work of Gary...» Read More

 

Bungaree wins top museums and galleries award

Bungaree wins top museums and galleries award

Posted by Jeremy Eccles | 27.05.15

Mosman Art Gallery has won the top National Award at this year’s Museums and Galleries National Awards (MAGNAs) for its contemporary Aboriginal arts project, Bungaree's Farm. The Gallery was also the winner in the Indigenous Project category. Bungaree's Farm –...» Read More

 

BRANDIS CUTS BEGIN TO BITE

BRANDIS CUTS BEGIN TO BITE

Posted by Jeremy Eccles | 22.05.15

This came through from the Aboriginal Arts Board of the Australia Council earlier this month: “The Australia Council is hosting discussion sessions across the country about the futures for Aboriginal and Torres Strait Islander arts to realise a culturally ambitious...» Read More

 

THE CODE ON HOLD

THE CODE ON HOLD

Posted by Jeremy Eccles | 19.05.15

It's hiatus time at the Indigenous Art Code (IartC). At a time when there seem to be more debates about the artform and its marketing, the new, one-person administrator of the Federally-funded authority “overseeing ethical trade and good professional conduct”...» Read More

 

2015 Parliament of NSW Art Prize Opens

2015 Parliament of NSW Art Prize Opens

Posted by Aboriginal Art Directory | 19.05.15

With works as broad as handmade paper, sculpture, jewellery and paintings, it's no wonder there were a record number of entries in last year's NSW Parliament Aboriginal Art Prize. And the winner, Nicole Foreshew, became the first artist to win...» Read More

 

Current Exhibitions

Industry Corner: Industry

Resale Royalty Admin Fee Increase

Posted by Aboriginal Art Directory | 09.06.15

Copyright Agency has just announced a 5% increase in its administration fees on Resale Royalties, to take effect from 1 July 2015. This increase brings the service cost to 15%, in line with fees being charged by resale schemes internationally....» Read More

Industry Corner: Exhibition

'EARTH AND SKY' AT TARRAWARRA

Posted by Jeremy Eccles | 03.06.15

When the eight Indigenous artists chosen for the Musee du quai Branly commission were announced in 2005, John Mawurndjul from Maningrida made a dynamic speech entirely in his Kuninjku language, and everyone there at the Art Gallery of NSW felt...» Read More

Events: Event

LAVERTY SALE

Posted by Jeremy Eccles | 18.02.15

I first met the Lavertys – Colin and Liz – in 1995, at the peak of their collecting days. It happened in Warrmun, the painting heart of the East Kimberley. Was it also the peak of the industry as we...» Read More

Events: Event

ABORIGINAL ARTISTS GO MENTAL

Posted by Jeremy Eccles | 06.10.14

High profile artists, including four Archibald winners, have joined forces with the ABC and have donated artworks to be auctioned online to help raise funds to boost mental health research in Australia. The ABC Mental As... Art Auction is a...» Read More

 

 


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