10 years of Resale Royalty for Australian artists
9 June 2020 marked a decade of the Resale Royalty Right for Visual Artists in Australia.
The Copyright Agency is appointed by the Australian Government to collect and pay royalties to artists when their work is resold. Under the Resale Royalty Scheme, a 5% royalty is payable on certain resales worth $1,000 or more. You can read more about the key features here.
Since the scheme commenced in 2010, approximately $8.5m in total royalties have been generated for over 1,975 artists (as at 11 June 2020).
The below infographic highlights some milestones, as well as other important information about the scheme’s performance and impact in the past ten years.
Nicholas Harding by Richard Birch, Margaret Ackland by Richard Birch, Jasper Knight by Richard Birch, Gwyn Pigott by Lisa Henriques, Kamahi Djordan King by Seb Riebolge, Elton Wirri by Guy Louanglath, Mandy Martin by Greg Weight.