Cooper Review

The Importance of Private Collectors

Posted by Aboriginal Art Directory | 2010-08-24 21:48:14

Australia’s Michael Reid Explains the Essential Role Private Collectors Play and Why the Government Must Be Sure Not to Hamper Them. The Australian art world is in the midst of the perfect storm. Interest rate rises in March and April,...» Read More

 

Artists' relief as super changes nixed

Posted by Aboriginal Art Directory | 2010-08-05 20:21:47

Investing in art for your retirement has got the all-clear, but hanging that framed nest egg on your wall could be a no-no if Labor is re-elected next month. In news that will have Australian artists breathing a little more easily,...» Read More

 

Business and art sectors air opposition on some Super proposed changes

Posted by Aboriginal Art Directory | 2010-07-28 03:39:53

Changes suggested by the Cooper Review on Australia's superannuation system seemed to have affected a wide array of industries as some businesses and the indigenous art market both aired their concerns on Tuesday that the revisions to be implemented by...» Read More

 

Planned super changes affecting Aboriginal art

Posted by Aboriginal Art Directory | 2010-07-28 02:02:06

Proposed changes to superannuation law are already severely affecting the Indigenous art market, an accountant says. The Cooper review into superannuation was handed down late last month. In it were recommendations to stop self-managed superannuation funds from investing in art. Accountant Tom Lowenstein...» Read More

 

Not so super: investment proposals leave art market reeling

Posted by Aboriginal Art Directory | 2010-07-08 22:35:12

If investors have only five years to divest themselves of artworks as the review recommends, it will worsen the impact. ''It's an added blow,'' Mr Ayers said. ''Art takes a while to appreciate … it could possibly severely damage that...» Read More

 

Australia’s art market threatened by proposed Superannuation changes

Posted by Aboriginal Art Directory | 2010-06-09 18:51:34

One of Australia’s leading experts on Australian indigenous art and artists, Susan McCulloch, co-author of the industry authority “McCulloch’s Encyclopedia of Australian Art”, says the Cooper Review recommendations create a disturbing disparity in allowing APRA-regulated funds to invest in art,...» Read More