Tag: art market
Sydney Contemporary 2024
Thursday, September 5th, 2024 Art Column,Sydney Contemporary has quickly found its niche in a city in which the most probing critical analysis of a work of art is usually: “How much did you pay for that?” Variations on a theme include: “Why would anybody pay that much?” and “They must’ve seen him coming.” In Melbourne, art aficianados are more likely […]
Sydney Contemporary 2023
Wednesday, September 13th, 2023 Art Column,Contemporary art is forever making statements about political and social justice, but there’s no escaping the fact that art fairs are massive commercial enterprises in which artworks are, first and foremost, commodities. Is there anything wrong with that? No, not unless you are making work that is a strident denunciation of the capitalist system. In […]
Singapore Art Fair 2023
Tuesday, February 7th, 2023 Art Column,Visitors to the new Singapore Art Fair were greeted by a large Robert Indiana sculpture spelling out the word ‘LOVE’. It was an invitation to locals and visitors to share a love of contemporary art that has struggled to take root in this prosperous island state. This time around, there was no room for hesitation. […]
Sydney Contemporary 2022
Tuesday, September 13th, 2022 Art Column,It’s been three long years since the last Sydney Contemporary, and the market is more of a puzzle than ever. During the pandemic, when predictions of doom and gloom abounded, many local art dealers enjoyed surprisingly good seasons. It’s widely believed this was because wealthy collectors who had got into the habit of purchasing work […]
The Lost Leonardo
Saturday, December 11th, 2021 Film Reviews,Yves Bouvier is either one of the world’s sharpest operators or a man with a death wish. In 2013, on behalf of exiled Russian oligarch, Dmitry Rybolovlev, the Swiss agent purchased the painting, Salvator Mundi, allegedly by Leonardo da Vinci, for US$75 million. He then passed it on to his client for US$127.5 million. The […]
Banksy: Love is in the Bin (Again)
Thursday, October 14th, 2021 Blog,It may seem ridiculous that anyone would pay £1.04 million (AUD $1.95 million), for Banksy’s Balloon Girl in 2018, but it’s slightly nauseating that a half-shredded version, rechristened Love is in the Bin, should be selling for £4-6 million in 2021. One might go even further and say Banksy’s entire career is a gravity-defying absurdity, […]
Art and Money Revisited
Friday, June 18th, 2021 Journals,When Robert Hughes delivered his jeremaiad, Art and Money, in 1984, it seemed as if the earth would surely open up and swallow the greedy dealers, the opportunistic artists, the vulgar, nouveau riche collectors who had wrought such pestilence upon the fair face of Art. The gist of Hughes’s argument was that art was being […]
Indigenous Art: Where are we going?
Friday, June 18th, 2021 Journals,“Aboriginal artists say that it is difficult to find any Aboriginal art that is devoid of spiritual meaning. Art is their culture, their work, their worship, their history. A painting is a chronicle of their country, a map of myths, a memoir of the great spirit ancestors of the Dreamtime. And their paintings are inextricably […]
2020: The Year in Review
Tuesday, February 9th, 2021 Blog,In March last year a friend in Bangladesh forwarded a news item that said Australia’s borders would be closed until September. “Is it true!!!!” he exclaimed. I was sceptical and replied that neither the economy nor people’s limits of endurance would allow the closures to last that long. I thought we’d be flying again within […]
The Art Market in the Time of COVID
Tuesday, December 1st, 2020 Blog,A new Australian auction record for Brett Whiteley’s painting, Henri’s Armchair, puts the star on top of the Christmas tree for the local art market in a year when only doom and gloom were predicted. Indeed, one local auction supremo tells me that things have never been better. The plague year 2020 has seen a […]