December 11, 2018
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 […]
July 20, 2018
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 […]
March 26, 2018
The Resale Royalty Right for visual artists entitles artists and their estates to a five per cent royalty whenever an eligible artwork resells in Australia. Copyright Agency is committed to ensuring that artists and their estates receive the resale royalties that they are entitled to. We actively investigate missed or inaccurate reporting to recover royalties. So […]
December 12, 2017
In Australia, copyright and the Resale Royalty Right in most cases lasts for 70 years after an artist’s date of death. This means that having a will is imperative for artists to ensure your intellectual property is passed on according to your wishes, and to assist your beneficiaries in effectively managing, and benefiting from, these […]
June 22, 2017
In May, the World Intellectual Property Organisation hosted an international conference on the visual artists’ resale right. This landmark event was a milestone in the global campaign to promote international adoption of the right. The Copyright Agency | Viscopy’s Judy Grady presented evidence from Australia’s resale scheme via Skype, to the many artists, policy makers, […]
March 3, 2017
The Resale Royalty Right entitles visual artists to a 5 per cent royalty when an eligible work resells in Australia for $1,000 or more. One of the eligibility criteria for a resale royalty is that the person selling the artwork acquired it it on or after after the scheme commenced on June 9, 2010. To […]
August 5, 2016
Six years after it began, Australia’s resale royalty scheme has generated more than $4 million for artists, with more than half of those artists living and working in remote and regional Australia. More than 12,800 eligible artworks have been resold, well above predicted expectations for the scheme, returning a 5 per cent royalty to 1200 […]
June 15, 2015
From 1 July 2015, the administration fee for royalties collect by the Copyright Agency under the Resale Royalty Scheme will be 15%. This fee is used to support the administration of the Resale Royalty scheme on behalf of right holders and their beneficiaries. A 15% fee for service reflects costs of managing the scheme and […]
