Olsen Ready to Brush with MPs to Save Art
JOHN OLSEN, the elder statesmen of Australian art, is preparing to go toe-to-toe with the federal government over proposed changes to superannuation policy, which he says threaten Australia’s status as a creative nation, the livelihood of emerging artists and the viability of the art market….
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5 Comments
1 Merryn J Trevethan wrote:
Dear Mr Cooper, Government Ministers and Opposition Spokespeople
I support the SAVE SUPER ART campaign against the Cooper Review recommendations banning art investments in Self Managed Super Funds. The recommendations are fundamentally flawed, serve no good purpose, are already creating damaging uncertainty in the Australian art market, and, if implemented, would create disastrous “unintended consequences” for the Australian art industry.
2 Nerida White wrote:
Dear Mr Cooper, Government Ministers and Opposition Spokespeople
I support the SAVE SUPER ART campaign against the Cooper Review recommendations banning art investments in Self Managed Super Funds. The recommendations are fundamentally flawed, serve no good purpose, are already creating damaging uncertainty in the Australian art market, and, if implemented, would create disastrous “unintended consequences” for the Australian art industry.
3 Nathan Taylor wrote:
Excluding works of art as investments in SMSF is short sighted and shows lack of understanding and research on behalf of the Cooper Review. This is not just an attack on the art market or the investors, but on the artists themselves. Artists which continues to provide a rich and important cultural injection. Loosing further stability in the art market affects this already delicate situation for the arts community.
SMSFs should have the right to invest in any asset of their choosing, especially if its helping to support the cultural strengthening of our country. Despite the proven stability of art works as solid monetary investment, the real investment is much greater.
Please review this review, as clumping artworks under the banner of ‘collectables’ is insulting. Artworks are not race horses and certainly not golf club memberships.
4 Kim Maple wrote:
I agree with Charles Nodrum’s comments, support the SAVE SUPER ART campaign AGAINST the Cooper Review.
5 Douglas Kirsop wrote:
to me it seems you are saying that my art has no value in which to invest for the future, my time spent and invested in my career over 35 years is worthless and the investor in our community will no longer be willing to but my art for his super annuation. What an ignorant and insulting action! Start consulting with artists in Australian society and wake up to the real world of the arts!