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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
9 mins to read

Will struggling artists benefit from Resale Royalty Scheme?

Art market figures applaud intent but question effect of new scheme returning 5% of each sale back to original artist.

Simpson Grierson senior associate Raymond Scott speaks with Dita De Boni.

Dita De Boni Tue, 13 Sep 2022

Artists and their estates may receive a boost from a new resale royalty scheme being introduced, but the impact on New Zealand’s small and highly interconnected art trade has some market participants concerned.

The government has greenlit a proposal for an Artist Resale Royalty Scheme, in which

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Dita De Boni Tue, 13 Sep 2022
Contact the Writer: dita@nbr.co.nz
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Will struggling artists benefit from Resale Royalty Scheme?
General Business,
95747
true