The Albanese Labor Government has today (17 March) announced that the Resale Royalty Scheme for visual artists has been extended, to now include a total of 26 countries.
While the secondary market resale of artworks in Australia is comparatively easier to map and track, international sales have traditionally been challenging. Last year – from 31 March 2024 – Australian visual artists became entitled to royalty payments when their work was resold overseas. It had been a long and hard-fought battle to change the Resale Royalty Right Scheme.
