As an art market professional over many years, I am stunned that the Government is not allowing art as an appropriate investment. This goes against all international research and trends. Indeed, art investment has proven as successful as any other asset ...Read More
The final Cooper Report into Superannuation was released on Monday. It contained the recommendations that Self-Managed Superannuation Funds were no longer to be allowed to invest in the Australian art market and all SMSF artwork collections were to be sold within a five-year divestment ...Read More
The final report of the Cooper Review into Superannuation, delivered to Government yesterday has now called for legislation to ban self-managed super funds from investing in art and requested a shorter time period for super fund art collections to be divested than it previously recommended in April, writes ...Read More
Support the campaign by emailing Jeremy Cooper: Superannuation Minister Chris Bowen; Arts Minister Peter Garrett; and Opposition Spokespeople Luke Hartsuyker and Steven Ciobo. Add a comment below, fill out your details, and send. SEND AN EMAIL NOW. Read More
John Cruthers says he’s amassed more than 100 artworks to help fund his retirement. Australia’s government may order the 56-year-old to ditch the lot.... Image: Artist Jason Benjamin with a painting. For more, click HERE Read More
Cooper Panel's Hang-Up on Art Works In his bid to ban art investments in self-managed super funds, superannuation review chief Jeremy Cooper appears to have a hang up over paintings on living room walls, rather than a serious commitment to evidence-based ...Read More
If the Federal Government adopts the Cooper Review recommendations to ban art and collectibles from self-managed superannuation funds, many leading auction houses believe it will sound the death knell of the Australian art industry. For more, click here Read More
MEDIA RELEASE : Art ban needs government action now Read More
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 ...Read More
The Federal Government is considering changes to superannuation law that would cost the Australian art market an estimated $100million in sales each year. If adopted, the Cooper Review recommendations to ban art investments by Self Managed Super Funds (SMSFs) would have ...Read More
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The Federal Government’s Cooper Review of Superannuation has called for a ban on art investment in Self Management Super Funds (SMFS). The Cooper Review also wants SMSFs to divest all art investments within 10 years. These recommendations are extremely damaging to the Australian art industry. |
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