• SHOP ARTWORKS

          Cooee Art curates ethically sourced art from Australian Indigenous communities that we have formed relationships with for 40 years.

          Our gallery team travels regularly to remote areas of Australia to meet with artists to consign artworks.

        • New Arrivals

          Cooee Art gallery artworks arrive in our online shop and our gallery spaces weekly.

          Shop new arrivals that coincide with our monthly exhibition program.

        • All Artworks

          Shop online from the full portfolio of available Cooee Art artworks – paintings, sculptures, fine art prints and artisanal objects ranging from $100 – $500k.

        • EXHIBITIONS

          Cooee Art was established in 1981 and is Australia’s oldest exhibiting Indigenous art gallery. 

          The gallery has presented the finest Aboriginal and First Nations art through their exhibition program for over 40 years showing the work of over 150 individual artists.

          The Cooee Art stockroom includes contemporary Aboriginal paintings, rare bark paintings and artefacts, early desert boards and acrylic paintings as well as sculpture and limited edition fine art prints.

        • Current

          Cooee Art presents monthly solo and group exhibitions in the Paddington gallery supported by public programs including artist talks and workshops.

        • Future

          Explore forthcoming exhibitions in the Cooee Art galleries and our special event program.

        • AUCTIONS

          Cooee Art Auctions provide an informed and professional approach to buying and selling art in the secondary market. We are a market leader with specialist knowledge and proven results. 

          We offer collectable Australian and International artworks for sale by auction and private treaty. 

          Cooee Art Auctions work with artists, galleries, museums and private collections bi-annually to curate and consign artworks across two separate departments – Indigenous Fine Art and Modern & Contemporary Fine Art.

          Our auctions and previews for potential buyers and collectors are presented in the Cooee Art premium 480sqm hybrid gallery and auction space in Paddington. 

        • Indigenous Fine Art

          Cooee Art Auctions offers bi-annual auctions of significant and highly-collectible Australian Indigenous artworks.

          Our Art Market Analytics provides comprehensive artist profiles and market analytics on Australia’s 200 most important Aboriginal artists.

        • Modern & Contemporary Fine Art

          Introducing Modern and Contemporary Australian and international art.

          We seek to establish new benchmarks for pricing and documentation for artists in the secondary art market

        • Art Market Analytics

          Cooee Art has created a comprehensive art market analytics tool with easy navigation. The information we provide is designed to be an invaluable resource for art consultants, valuers, and industry professionals and to serve the interests of artists, galleries, institutions, art centres, collectors and researchers.

        • Artist Profiles

          Each artist is ranked according to their career, and annual artist ranking index. Detailed profiles, market analysis and performance indicators are provided for a growing list of artists along with the artworks that have achieved their ten highest results at auction.

        • Current Indigenous Art Market

          Provides professional advice on the Indigenous art market in line with other investment categories, thereby serving the interests of artists, galleries and collectors.

        • Consultancy

          The Cooee Art team has been providing expert advice for over 40 years in a Consultancy capacity to offer a breadth of services for the business side of art.

        • Valuations

          Cooee Art Founding Director Adrian Newstead OAM has more than 20 years experience in valuing Aboriginal art and artefacts (pre-contact to Contemporary).

        • EXHIBITION AND EVENT MANAGEMENT

          Cooee Art curates and coordinates exhibitions on behalf of charitable organisations, commercial businesses and galleries in Australia and overseas utilising its extensive contacts with individual artists, artists’ agents, galleries and important private and public collections.

        • ABOUT

          Cooee Art was originally established in 1981 and runs a hybrid art model to represent and support artists in an ethical and sustainable way. We have two galleries, our flagship gallery in the heart of Aboriginal Sydney in Redfern and a boutique showroom gallery in Australia’s iconic Bondi Beach along with a seperate fine art auction wing, Cooee Art Auctions established in 2017. Cooee is now Australia’s oldest exhibiting Indigenous art gallery. Since first working with Australian Aboriginal artists in 1981, we have presented the finest First Nations art through exhibitions and events in Australia, Europe, and the Americas.

  • Contact

Cooee Art foremost acknowledges Australia’s First Nations Peoples, the Gadigal people of the Eora Nation, as the traditional owners and custodians of the unceded land and waters on which we work and reside.

ABORIGINAL FINE ART GALLERY, PURCHASE AUSTRALIAN INDIGENOUS ART, CONTEMPORARY AND ABORIGINAL ART FOR SALE – SYDNEY

Price and availability are subject to change at the gallery’s discretion. While we try to ensure the accuracy of all data across the website, Cooee Art reserves the right to cancel a sale due to price change.

The artist holds the copyright for all images throughout the website and must not be reused or reproduced in any way without explicit permission.

© COOEE ART 1981 – 2021

News

OPINION PIECE – NO STIMULUS FOR ARTS BUSINESS

Posted: 03/22/2021
By:nodadev

Opinion

Commercial galleries are the most essential element in the entire enterprise that is the Australian Visual Arts. Here, artists first exhibit their works, and institutions and collectors purchase them, thereby providing artists with the lion’s share of their income. Classic small businesses employ less than 10 people and turnover less than $3 million. According to the ABS there were 514 of them in Australia in 2000. Today no more than 50% of these survive.

When commercial galleries go broke, as has been the case consistently since 2008, the flow-on effects hit a network of small businesses that support them – framers, art transporters, packers, conservators, materials suppliers, storage providers, insurance companies and an array of ancillary consultants.

During the past decade, galleries that represent Indigenous artists have been hit worst of all. While the Federal Government pumped more than $160 million into remote area art centres in the decade between 2003 and 2013, more than two in every three of the commercial Indigenous art galleries that support them closed their doors.

Malcolm Turnbull, Bill Shorten and many of their colleagues may be well educated, urbane and cultured but it is unlikely they’ll have their photographs taken during the pointy end of an election campaign sipping a cappuccino or a glass of chardonnay with a commercial art dealer. Far better to arrange a photo opportunity in a pub with a beer, or on a factory floor with a spanner in your hand. This election is, above all, about tough contests in marginal seats on city fringes. Middle and upper income art collectors spending their discretionary funds on perceived luxury items are unworthy of attention in the hurly burly of this pitched battle. The demise of hundreds of small businesses in the arts can be seen as a pox on both their houses.

Economic stimulus, jobs and growth are mere platitudes to those watching their profits shrink due largely to misconceived legislation and regulation. Two measures in particular, both enacted with good intentions and supported by both parties, have done the majority of the damage.

The first was changes to the regulations governing collectables in self-managed superannuation funds. Unless fund managers are prepared to comply with the new regulations, collectables must be either purchased out of the funds or sold on the open market before June 30th this year. As a direct result of recommendations by Jeremy Cooper, artworks have been dumped onto a market so over-supplied, that the value of works by hundreds of Indigenous and non-Indigenous artists have crashed to record lows.

Commercial galleries that have tried to hold the line have been buried under a Tsunami of artworks offered by auction houses at up to 60% below previous market values. The situation is worst in the Indigenous art context.  Government subsidy, most especially from employment agencies, has resulted in a massive oversupply from the burgeoning art centre archipelago. More than half could not operate without it, raising questions about their long-term viability.

Cooper’s ideology is based on the sole purpose test. The superannuation system exists solely to provide retirement income. Yet fund managers can invest in shares and real estate, which are subject to fluctuations in value just as art is. There is no doubt that the regulations in this area needed to be tightened.  However this could have been achieved by requiring fund managers to seek independent expert advice from approved and accredited valuers and consultants. The Federal Ministry of the Arts already has an accreditation scheme for the purpose of cultural gifts and bequests. Members of the Art Consulting Association of Australia and the Auctioneers and Valuers Association can be trusted to give independent advice in this area.

Instead of fine-tuning the scheme in order to appropriately safeguard the future of retirees, the Cooper changes have robbed potential collectors of their only source of discretionary funds, thereby impoverishing the gallery sector and throwing the market into disarray.

The second measure was the universal application of the Resale Royalty Scheme that was introduced in 2010. Under the scheme 5% of the sale price of a work of art must be remitted to the Copyright Agency Limited to be distributed to the artist’s estate, less an administration fee. Again, a seemingly noble and reasonable piece of legislation.

Every time a work of art is sold a 5% tax is charged to the seller on the cost of purchase plus any profit. But it also applies regardless of loss and is takes no consideration of the annual CPI.

Once more the impact on the Indigenous art sector is the greatest. Here, an artwork may be bought and sold three or four times between the artist and the collector. Consider a painting sold by the artist to their remote art centre. After this first sale the piece may be sent to a distributor who may sell it to a gallery, which then sells it to a tourist or collector. That is three, yes three resale royalties to be paid. In the case of a sale to an overseas gallery possibly four. The compounding cost to art galleries that buy works up-front is adding up to 40% to the price of a work of art.

This scheme, which was never intended to be an impost on galleries, has compromised dozens of small businesses. Many are paying as much as $30,000 annually in this direct impost on their bottom line. There is nothing inherently wrong with requiring collectors who make huge profits from investing in art to return a percentage to the creators. However, to tie up the normal commercial value chain with a scheme that was never intended to ensnare it, and to require those who lose money or make a modest return on their investment to pay a tax on their asset, is a major deterrent to business. Quite the opposite I’m sure you will agree, of economic stimulus.

Adrian Newstead

Adrian Newstead co-founded Coo-ee Aboriginal Art Gallery, Australia’s oldest continuously operating Aboriginal art gallery, in 1981. He is a valuer of Aboriginal and contemporary Australian art accredited by the Federal Department of the Arts, and acted as the Head of Aboriginal Art for Lawson~Menzies Auction House 2003-2006, and Managing Director of Menzies Art Brands 2007-2008. Adrian Newstead Fine Art Consultancy compiles and maintains the AIAM100 web site and acts for, and advises, collectors when buying and selling collectable Australian artworks at auction and through private sale. A widely published arts commentator and author, Adrian is based in Bondi, New South Wales.

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THE DEALER IS THE DEVIL

AN INSIDER’S HISTORY OF THE ABORIGINAL ART TRADE by Adrian Newstead OAM

REDFERN GALLERY

17 Thurlow Street,
Redfern, NSW, 2016

p. +61 (02) 9300 9233
Opening Hours:
Tuesday – Saturday 10am till 5pm

BONDI BEACH GALLERY

31 Lamrock Avenue
Bondi Beach, NSW 2026

p. +61 (02) 9300 9233
Opening Hours:
Open by appointment

Cooee Art foremost acknowledges Australia’s First Nations Peoples, the Gadigal people of the Eora Nation, as the traditional owners and custodians of the unceded land and waters on which we work and reside.

ABORIGINAL FINE ART GALLERY, PURCHASE AUSTRALIAN INDIGENOUS ART, CONTEMPORARY AND ABORIGINAL ART FOR SALE – SYDNEY

Price and availability are subject to change at the gallery’s discretion. While we try to ensure the accuracy of all data across the website, Cooee Art reserves the right to cancel a sale due to price change.

The artist holds the copyright for all images throughout the website and must not be reused or reproduced in any way without explicit permission.

© COOEE ART 1981 – 2021

Cooee Art foremost acknowledges Australia’s First Nations Peoples, the Gadigal people of the Eora Nation, as the traditional owners and custodians of the unceded land and waters on which we work and reside.

ABORIGINAL FINE ART GALLERY, PURCHASE AUSTRALIAN INDIGENOUS ART, CONTEMPORARY AND ABORIGINAL ART FOR SALE – SYDNEY

Price and availability are subject to change at the gallery’s discretion. While we try to ensure the accuracy of all data across the website, Cooee Art reserves the right to cancel a sale due to price change.

The artist holds the copyright for all images throughout the website and must not be reused or reproduced in any way without explicit permission.

© COOEE ART 1981 – 2021