http://www.nzlive.com/blog/2007/04/23/a-fair-deal-for-visual-artists/ Discussion about NZ Culture online Thu, 04 Dec 2008 22:32:36 +0000 http://wordpress.org/?v=2.1.2 http://www.nzlive.com/blog/2007/04/23/a-fair-deal-for-visual-artists/#comment-2403 Allan Baggett Sun, 08 Jun 2008 02:09:09 +0000 http://www.nzlive.com/blog/2007/04/23/a-fair-deal-for-visual-artists/#comment-2403 The royalty scheme is another dumb govt move!! If the resale market is worth $14million Pa, then the artists stand to 'gain' $700,000 - wow (I'm being sarcastic). Will the govt tax this too? And how is the "collection agency" paid - probably cost a big chunk of the royalty. And of course lawyers will be involved - they don't come cheap. Bill Hammond (great artist) would pocket a fair sum of it, as he accounts for up to nearly 20% of resales (depending on the year concerned - 19% in 2002). Don't know if he needs it though, with his retail sales going extremely well. The established artists will gain - the emerging artists and struggles won't!! They may get a max of 20% - $140,000 across a heap of artists. Slim pickings. The established artists love high auction prices, to justify retail prices, so it's no wonder Dick Frizzell, Gows, etc oppose the scheme. The govt would be better advised to spend the $9million they just gave to prop up the horse racing industry on supporting the arts. Probably not , as they get lots of tax from the horses. Incentives like in the Uk to help fund consumers art purchases at certain galleries would help further struggling/emerging artists. They need help earlier rather than later in their careers. I have highly creative friends who produce stunning art, and they can't make half a living from it. This scheme won't help them . As we know only a tiny percentage of artists 'make it big', so it is survival of the fittest. I love and buy art, but strongly oppose this. I've sent in a better letter to the submission committee earlier in the year, and will do so again before the 4th July. Probably won't do any good - the Govt will pass this bill, as has been done overseas. The NZ resale market wont die because of this, but it is not a positive move in a small fledgling market, and won't help the artists who need help. Thanks The royalty scheme is another dumb govt move!!
If the resale market is worth $14million Pa, then the artists stand to ‘gain’ $700,000 - wow (I’m being sarcastic). Will the govt tax this too? And how is the “collection agency” paid - probably cost a big chunk of the royalty. And of course lawyers will be involved - they don’t come cheap.
Bill Hammond (great artist) would pocket a fair sum of it, as he accounts for up to nearly 20% of resales (depending on the year concerned - 19% in 2002). Don’t know if he needs it though, with his retail sales going extremely well.
The established artists will gain - the emerging artists and struggles won’t!! They may get a max of 20% - $140,000 across a heap of artists. Slim pickings.
The established artists love high auction prices, to justify retail prices, so it’s no wonder Dick Frizzell, Gows, etc oppose the scheme.
The govt would be better advised to spend the $9million they just gave to prop up the horse racing industry on supporting the arts. Probably not , as they get lots of tax from the horses. Incentives like in the Uk to help fund consumers art purchases at certain galleries would help further struggling/emerging artists. They need help earlier rather than later in their careers. I have highly creative friends who produce stunning art, and they can’t make half a living from it. This scheme won’t help them . As we know only a tiny percentage of artists ‘make it big’, so it is survival of the fittest.
I love and buy art, but strongly oppose this. I’ve sent in a better letter to the submission committee earlier in the year, and will do so again before the 4th July.
Probably won’t do any good - the Govt will pass this bill, as has been done overseas. The NZ resale market wont die because of this, but it is not a positive move in a small fledgling market, and won’t help the artists who need help.
Thanks

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