The trust Company has boosted the prize money of the Portia Geach Memorial Award for women artists by 40%.
Simon Lewis, Head of Philanthropy and Community at The Trust Company said: ‘We’re very excited to boost the prize from $18,000 to $30,000 for this prestigious award. Past applicants have expressed their struggle to financially support themselves through art, listing the high costs associated with producing work alongside the lack of appreciation the arts receives in our community, as the basis for these struggles.