10 March 2014
2013 Review of the Resale Royalty Scheme
Submissions to the Australian Government review of the Resale Royalty Right for Visual Artists Act 2009 (the Resale Act) and the associated scheme are now closed.
Royalties for artists
Under the artists’ resale royalty scheme, artists receive royalties on certain resales of their work. Copyright Agency has been appointed by the government to collect royalties to pay to the artists.
Since its start on 9 June 2010 until 9 February 2014, the scheme has generated royalties:
- Totalling more than $2.28M
- From more than 8,000 resales
- For more than 820 artists
- Lowest royalty $50
- Highest royalty $55,000
- Most royalties have been between $50 and $500
- Over 65% of the artists receiving royalties are Aboriginal or Torres Strait Islander artists and they have received 50% of the total royalties generated
- Of the 50 artists who have received most money under the scheme, 26 are Aboriginal or Torres Strait Islander
- Most artists have received one or two royalty payments, but some have received multiple payments
- While there were costs associated with establishment of the scheme, particularly in systems set-up, education and awareness activities, the royalties generated for artists already exceeds the funding provided by Government for implementation of the scheme.
To help us find you if we collect a royalty for you, please register your contact details here.
The Australian Government has appointed Copyright Agency to manage the resale royalty scheme.
Information about resales
The scheme requires the seller, or the seller's agent, to report all commercial resales for $1,000 or more, whether or not a royalty is payable. You can do this online once you set up a secure login here.
Copyright Agency has specialist staff to help you with your enquiries:
artists: contact our Visual Arts Manager Tristan Chant, or our Indigenous Communications Coordinator, Trish Adjei
art market professionals: contact our Resale Royalty Manager, Judy Grady
Phone 1800 066 844 or +612 9394 7600, or make an online enquiry.
Resale royalty news
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Ideas Exchange @ Switch 25 July
Posted on 28-06-2012
Copyright Agency and Information and Cultural Exchange are hosting an information session for writers and artists in Parramatta in Sydney’s west on 25 July..