Show Summary Details

Page of
<p>&#160;Printed from Grove Art Online. Under the terms of the licence agreement, an individual user may print out a single article for personal use&#160;(for details see Privacy Policy).</p><p>date: 18 July 2019</p>

Art market in Australia, 1995–2010locked

  • Annette Larkin

Extract

The collecting cycles and art market trends in Australia from 1995 to 2010 clearly reflected the developments in art markets all around the world. The market for all periods in Australian art peaked in 2007, decreasing by a third before forming a plateau. Primarily, the building of Australian art collections dominated art sales, with only a small percentage of collectors involved in collecting international art. Although the latter was a growing trend, accessibility to the international art market limited this area of collecting.

During this period the collecting base in Australia broadened enormously in all areas of collecting, with Australian modern art (1940–70), contemporary art (1970–to present) and indigenous art being most sought after, exhibited and documented. Generally the market followed the same peaks and troughs seen elsewhere, without experiencing the same meteoric rises from the speculative and hedge fund-based money that were visible in other major centres. Although ...

You do not currently have access to this article

Login

Please login to access the full content.

Subscribe

Please subscribe to access the full content.