Smith & Singer

It looks like Australian art collectors are driving auction prices back to boom levels

September 1, 2016

Business Insider Australia  |  Simon Thomsen

An auction of major Australian art by Sotheby’s in Sydney last night suggests investors are back in the local art market, with the 69 works on offer realising $8.96 million (inc. buyer’s premium) in clearance rates of 75.4% at 132% by value.


We use our own and third party cookies to enable you to navigate around our Site, use its features and engage on social media, and to allow us to perform analytics, remember your preferences, provide services that you have requested and produce content and advertisements tailored to your interests, both on our Site as well as others. For more information, or to learn how to change your cookie or marketing preferences, please see our updated Privacy Policy & Cookie Policy.

By continuing to use our Site, you consent to our use of cookies and to the practices described in our updated Privacy Policy.