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 […]
With exhibitions, sales, teaching and other sources of casual income in short supply, the licensing income and resale royalties that flow to visual artists are more essential than ever. You’ve been asking for advice during this challenging period, so we’ve compiled some tips and information for you. And as always, the Visual Arts team remains […]
Last December the Copyright Agency welcomed the release of the Australian Government’s Post-Implementation Review for the Resale Royalty Scheme. The report analyses the first three years and four months of the Scheme and provides a valuable snapshot into its implementation and early operation. The Resale Royalty Scheme entitles visual artists to five per cent of […]
Copyright Agency has issued its 2018-19 Annual Report at its AGM held in Sydney on 20 November 2019. The report provides the audited financial results of the company and reports on achievements in the last financial year. 2018-19 was a strong year with many gains for our members. Highlights include: Strong financial results We generated revenue of around $150m and paid […]
![Artist Amanda Marburg's studio [Photo © Olivia Tran]](https://static-copyright-com-au.s3.amazonaws.com/uploads/2019/09/AmandaMarburg_009-350x175.jpg)
If you are an artist, art market professional or art collector, you may have some questions about the Resale Royalty scheme. Artists may be aware that their works have been resold and would like to know if they are owed a royalty payment. Similarly, art market professionals handling sales and resales might wonder if an […]
The Copyright Agency welcomes a landmark report from the Standing Committee on Canadian Heritage which has backed Canadian authors in their push to reform copyright laws in that country. Copyright Agency CEO Adam Suckling says, “Canadian authors and publishers have endured serious erosions to their livelihoods since 2012 as a result of copyright changes which […]
Over $1 million in resale royalty revenue was generated in the financial year of 2017-18, with more than 180 artists receiving their first eligible resale payment in that time. Artists from all stages of their careers are benefitting from the resale right, which entitles them or their estate to a 5% share of the sales […]
While the Resale Royalty Right is generally well understood, we are often asked to clarify the term ‘second resale’ and how it affects eligibility for resale royalty. If used out of context this term can lead to the wrong conclusion on a royalty being due. The term ‘second resale’ is relevant to artworks in existence […]
