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The
Artbank collection was founded with an endowment of 600 artworks from the National Collection (now the National Gallery of Australia) and has since grown to include more than 11,000 works spanning media including painting, sculpture, video and photography. Through leasing works to individuals,
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Established in 1980 by the
Australian Government, Artbank’s two core objectives are to provide direct support to Australian contemporary artists through the acquisition of their work and to promote the value of Australian contemporary art to the broader
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and has since grown to include over 11,000 works by more than 3,500 culturally diverse
Australian artists, spanning various media including painting, sculpture, video, photography, and ceramics.
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By 1992 Artbank had become so profitable that its government funding was cut off and it operated on self-generated income. It was nearly shut down in 1997, under the
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companies and governments (at all levels), Artbank lives up to its policy principle of promoting broad access to
Australian contemporary art.
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per year, with lease periods lasting from six months to a year, with the ability to extend indefinitely.
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As of 2020, it has over 11,000 works by more than 3,500 Australian culturally diverse artists, including
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Artbank lends its artworks to corporations, government agencies, and private individuals. Restaurateur
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and renting them to public and private sector clients. The initiative was inspired by Canada's
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Department of
Infrastructure, Transport, Regional Development and Communications
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This article is about the
Australian Art Bank. For the Canadian equivalent, see
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for leasing from the institution. Works are sold from time to time, as part of
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of its value. The collection was initially endowed with 600 artworks from the
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Artbank operates on self-generated income and has collection stores in
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arts centre in Sydney in 2018. Businesses are able to claim a 100%
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of the value of the idea. Fraser was enthusiastic, but treasurer
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is an
Australian art rental program established in 1980 by the
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200:. Prominent artists represented in the collection are
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The
Director of Artbank (as of October 2023) is
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process. The cost of leasing an artwork ranges from
439:"Artbank sells works Jeffrey Smart, Margaret Olley"
299:leased a number of artworks for her restaurant at
99:took a little more convincing, before allotting
91:collection in 1979 and convinced Prime Minister
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343:Coslovich, Gabriella (8 August 2008).
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378:Koutsoukis, Jason (25 July 2001).
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522:Baumgart, Marcus (4 March 2019).
267:Artbank has collection stores in
79:Artbank was modelled on Canada's
646:1980 establishments in Australia
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576:Safe, Georgina (25 March 2018).
437:McIlroy, Tom (2 November 2018).
48:, who convinced Prime Minister
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651:Organisations based in Sydney
113:National Gallery of Australia
54:National Gallery of Australia
524:"Judicious editing: Artbank"
582:Australian Financial Review
443:Australian Financial Review
384:Australian Financial Review
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349:The Sydney Morning Herald
124:Australian financial year
111:of 600 artworks from the
471:"A New Home For Artbank"
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142:Function and governance
226:Emily Kame Kngwarreye
150:(until January 2020,
134:and its total assets
30:Australian Government
36:by purchasing their
218:Gwyn Hanssen-Pigott
614:Visual arts portal
380:"Artistic licence"
254:Del Kathryn Barton
246:Patricia Piccinini
120:Howard government
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477:. 23 March 2018
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410:"About Artbank"
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503:. 5 March 2020
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264:in Australia.
262:multimedia art
250:Tracey Moffatt
238:Kitty Kantilla
230:Bronwyn Oliver
222:Robert Klippel
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93:Malcolm Fraser
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585:. Retrieved
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242:Rover Thomas
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105:seed funding
85:Bob Ellicott
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46:Bob Ellicott
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309:stocktaking
297:Kylie Kwong
281:Collingwood
214:Bill Henson
194:photographs
176:Description
97:John Howard
635:Categories
323:References
210:John Olsen
138:million.
132:A$ 700,000
101:A$ 250,000
87:, saw the
549:"Contact"
273:Melbourne
190:video art
186:sculpture
182:paintings
109:endowment
65:Melbourne
317:A$ 5,500
277:Armadale
198:ceramics
81:Art Bank
42:Art Bank
38:artworks
20:Art Bank
553:Artbank
414:Artbank
291:Leasing
258:digital
165:public.
136:A$ 13.7
75:History
34:artists
26:Artbank
587:21 May
558:20 May
533:21 May
507:21 May
481:20 May
448:21 May
419:20 May
389:20 May
354:20 May
313:A$ 165
269:Sydney
196:, and
126:, its
89:Ottawa
67:, and
61:Sydney
285:Perth
69:Perth
589:2020
560:2020
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509:2020
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260:and
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