Government partly at fault over Indigenous art slump | Pacific Beat

Government partly at fault over Indigenous art slump

Government partly at fault over Indigenous art slump

Updated 23 August 2013, 12:11 AEST

For the better part of a decade Indigenous Australian art was at the top of many collectors "must have" list.

After hitting a high of $26 million in 2007, turnover has plummeted to around $8 million annually.

Indigenous art dealers and experts say the global financial crisis is only one part of the story, and that much of the blame for the downturn can be directed at the government, and their changes to the way in superannuation funds can be used to invest in art.

Presenter: Katie Hamann

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