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Don’t Live in a Bubble

The Contemporary Art Bubble burst when the GFC took hold, and the lies and deceptions, price fixing and market manipulation were found out.  But have things really changed …

In my humble opinion, the Galleries are still showing crap, and there is still market manipulation.  Collectors are still being duped into buying art that they are told is or will be worth lots of money and Gallery Directors are selling the hype with sentences that prefix the artist’s induction into the Gallery Stable with their artist “… was awarded the Academic Excellence Award”.

What does Academic excellence have to do with this person selling a piece of art.  The art object is the practical side of an Art Degree, yet Gallery Directors are selling the practical on the hype and rhetoric that surrounds it.

Isn’t art supposed to be about beauty, aesthetics, enjoyment and pleasure?  Richness lives in your surroundings as well as your bank account.  With “things” as cheap as they are these days, there is no excuse for “bad taste”.

As an old student of QCA, who managed to achieve a place within its studios by folio, it is insulting that Galleries would dare espouse the achievements of someone who can talk the bullshit, but can’t actually do it.  Infact, I’d go so far as saying that many of these artists today wouldn’t have made the cut back in the day when folios were king, when rhetoric was left to the critics and art historians.

In order for the world to get some normality in the art market, it needs to be overhauled.  There needs to be some regulation in this industry, but it is doubtful if any could ever be reinforced, due to the very subjective nature of art itself.

It is because of the Contemporary Art Bubble, that the Henry Review for the Australian Taxation Office is setting the stage for the biggest overhaul of the tax system in 40 years.  Thanks to the greed, market manipulation and speculation of recent years, the Government looks set to axe the ability for the Self-Managed Superannuation Fund to be able to buy art as part of their investment folio.  As art is an unregulated industry, the government has seen fit to term this investment class as unworthy and speculative at best.  For once I agree with the government, the only thing that was propping up the art market was its underpinning of rhetoric, dust and feathers.  The majority of Contemporary Art is boring, ugly, and technically deficient; therefore technically worthless with no intrinsic value.

This has dire implications for the art market as investors will be seeking to “dump” their investment art and try to recoup their money before the tax implications take effect, and a double dip in the graph is likely.   However, all is not lost, and I predict this will cause one of the biggest shake-up’s in the Art World in Australia’s history, and I say, bring it on.

Previously the market was held up by greed and speculation, in part fed by the fact that owning a piece of art within a Self-Managed Fund meant you weren’t allowed to have it in your home.  You weren’t allowed to look at it, and had to store it in a safe place, as you would your gold or jewellery.

Now, private collectors will most likely store their collections in their homes, where they can enjoy them.

And here is the sticking point.  Enjoyment.

In a recent article for an Amsterdam University, a Professor of Economics did a paper on art as an investment.  He wrote that art has “a psychic value”, that is, art has intrinsic value just like real estate.  He wrote that while real estate as an asset class increases in capital value, it also had intrinsic value because people live in houses and the piece of real estate becomes a home, and is not just a piece of paper like shares or bonds.

Art also has intrinsic value because of the supply and demand equation.  Where there is limited supply and high demand, prices will be strong.

The two key names that led excesses within the contemporary Art Bubble were Damian Hirst who hired employees to make his art (high supply), cashed in on his reputation when he held his own Auction, and Andy Warhol whose prints were in high supply, surely spelt disaster for anyone who invested in them.  While Andy Warhol is famous in the art history books, are his prints really worth that much?  High supply is unsustainable as a capital growth strategy.

Sound judgement prevails in Bear Markets.  In times of financial depression, the markets usually revert to what is known to have value.  Gold in the financial markets and in the Art Market, investors defer to the Old Masters, and those who already have a name in Art History, such as Monet.

I predict that only art that has intrinsic value will live to survive, and that the next chapter in the art history books will be dedicated to explaining away the excesses since Duchamps “Urinal”.  Art that has technical prowess combined with good aesthetics will proceed to outpace it’s contemporary competitor of those artists who use enablers; that is those who hire employees, trace, project, or use technology to digitally enhance or enables them to make “art”.

The Post-Contemporary Market or the Post-Photographic age as David Hockney described it will hopefully yield some common sense in the art market, now that the collector has to look at what they buy.

Brisbane Radio Station 4ZzZ International Art Competition

PAINT THE TOWN ZED

Banksy eat your heart out!!! The legendary Brisbane radio station, 4ZzZ, is looking for someone to unleash their creative juices on the biggest blank canvas they’ll ever have – the front of Zed Towers!!!

That’s right!!! They want you to come up with a new design for their building and then paint it. YES – YOU CAN PAINT ALL OVER THE FRONT OF THEIR BUILDING!!

Brisbane Radio Station 4ZzZ is celebrating its 35th birthday throughout 2010 and wants its building to reflect everything that Zed is all about.  Radio 4ZzZ is tired of the same old drab brick frontage and wants an artistic genius to create a Brisbane icon. This is your chance to go crazy and have your artwork as part of the Brisbane landscape.

Send in your design either via email or through the mail, and tell them why you want to do it, and they  will select a winner.

This invitation has gone global because Brisbane Radio Station 4ZZZ has the biggest blank canvas in the world!

Closing date: 30th May 2010

Send to: info@4zzzfm.org.au or 4ZZZ, PO Box 509, Fortitude Valley, Brisbane 4006, Queensland, Australia.

4ZzZ 102.1FM
4ZzZ Radio Website: www.4zzzfm.org.au

Celebrating 35 Years of Zed Radio!

Want to publish your own Art Book but don’t know how?

Ever wanted to write and publish your own art book, without having to have a government grant?  The Publishing Queen has a number of books and programs available to give you all the information you’ll need.  The Publishing Queen makes Self-Publishing as easy as 1, 2, 3 !  Just click this link to find out more:  http://www.thepublishingqueen.com/AP.aspx?ID=815&EID=7352292

Art Retreat at Fiji’s Daku Resort

Feel like a holiday?

Whether you’re an experienced artist seeking to expand your skills and broaden your ideas, or a beginner learning the basics, there will be something to suit you.  Daku Resort provides a beautiful setting for a week that every artist craves; a privileged learning environment free from stress and without the demands of a daily routine – truly a place to open up and focus on your art.  After the morning workshop, you can keep on painting – or you can enjoy a massage in the spa, go snorkelling on the reef, take a hike up the mountain, or laze by the pool with a book.

To find out more email paradisecourses@iinet.net.au and tell them Krisstie referred you, or visit their website www.paradisecourses.com

Free Exhibition Space – Mooch Hair Workshop

Are you looking for somewhere to hang your artwork for free? Mooch Hair Workshop is a busy little chic salon located in Upper Edward St, Spring Hill, and they have some awesome wall space available to hang Artwork!!

They also hold free exhibition nights quarterly which are a great night and fantastic opportunity to get your name out there!!

They do not charge for the space, and their exhibition nights are fully catered for, however, they ask 30% commission on any sales made.

Feel free to look through their website www.moochhairworkshop.com.au and any further questions please call the girls at Mooch Hair Workshop on (07) 3839 1611.

I have paid but have not received a Receipt number?

As soon as payments are received a receipt number is allocated, and you will be emailed an updated invoice  usually within 48 hours.  If you have not received confirmation that your payment has been received, it may be because your payment is unidentified, for instance no reference was left in a Direct Deposit, or perhaps an incorrect receipt or invoice number was quoted.  If you make a payment and don’t receive an updated invoice within five working days, please contact us immediately.

Stewart MacFarlane’s January Workshop

21-26 January 2010 (6 days)

Earlybird of $615 Extended or $125 p/day

The Room by Stewart MacFarlane

The Room by Stewart MacFarlane

This workshop is suitable for all levels, particularly beginners.  Work in acrylics or oils and create a finished painting.  If you like to stylize figures and play with colour and manipulate reality to create drama and mood, this workshop will help you use a process to get your imagination firing.  If you like the look of 60’s pop art culture, and the paintings of artists such as Alex Katz, Chuck Close and Janet Fish, this workshop will help you to achieve your goals.  To read more vist http://www.brisbaneartworkshops.com.au/Products_Results.php?S_ProductName=macf&S_ProductPrice=&S_ProductPrice2=&Search=Search

Painting by Janet Fish

Painting by Janet Fish

Dog At Duck Trap by Alex Katz

Dog At Duck Trap by Alex Katz

As Stewart is coming all the way from Tasmania, bookings must be received no later than close of business Thursday 7th January.  Late bookings may be accepted depending on numbers.  To express your interest in attending this workshop fill out the booking form by clicking this link http://www.brisbaneartworkshops.com.au/book.php .   Limited places available.

Australian Art School Education – My Perspective

There have been many changes in education as a whole in the past 20 years, and of particular interest is the state of university based art-schools.  These are my comments about the art schools within the university system, based on the interviews with the Heads of the University of Tasmania’s School of Art, Griffith University’s Queensland College of Art, and the Curtin University of Technology, School of Art and Design featured in NAVA QUARTERLY, December 2009, 09.4 Learning (pp.4-7) titled “Australian Art School Education:  3 Perspectives” written by Tamara Winikoff.

From a student’s and educational point of view, the changes to the Queensland College of Art is that there is now the flexibility to study the subjects you want to study (in theory anyway) which is a  fantastic idea, allowing students to complete part of a design and business degree, which could be utilised to turn their idea “… into businesses” (p.5).  It is however only part of the story, and if students wanted to get a job, they would need to go on to a Masters degree to complete the particular path they want to specialise in, which is a big turnoff from a students perspective, as it means time out of your life, and your reward is a huge HECS debt.

The whole ethos of education is to churn out employees.  Yet 2010 and beyond is the start of a new era where creativity in design, combined with some good old fashioned common sense, might help to get humanity to start to build a sustainable future, with an economic system that is honest, but still allows the entrepreneur to bring to market products that change our world for the better.  Introducing arts into the national curriculum is a start which means Australians will “… end up more of a European type culture where the majority of the population comes to appreciate good design, and come to appreciate the importance of the arts in the community …” (p.6) and that we might catch up and perhaps one day overtake “… those countries that consistently outperform us in innovation …” (p.7)

However getting back to the crux of the question, I personally believe you will be severely disadvantaged and short-changed if you attend university if you want to go specifically to Art School to learn how to be a painter.  You will be taught how to develop “… intellectual conceptual skills, the capacity to think, problem solve, communicate, advocate, challenge, question, through processes of making.  Whether it results in a finished artwork is much less important …” (p.4).

These ideals are in and of themselves noble pursuits, however I’m particularly starting to question the role of talent, as unfortunately technology has spawned the use of enablers and wannabe’s.  With QUT’s creative industries terminology wrapped up in a “… mausoleum of rhetoric …” (p.7), is it little wonder the rubbish produced could even be termed art and entered into an art competition? For instance, take the presitigious 2009 Stan & Maureen Duke Gold Coast Art Prize.  Upon entering the room we were greeted by the Exhibition host who told us not to stand on the thing that looks like a stage, because its actually ” … one of the artworks on display”.  Now when someone has to TELL me that an object is a piece of art there is something wrong.  Anyone with reasonable common sense can tell the difference between art and furniture.  It is akin to shoe shine boys giving stock tips just before the Great Depression.  It tells me that the pendulum has swung too far, and I believe change is imminent.

I’m starting to think that people have lost their minds?  Surely after the Great Contemporary Art Bubble burst, people would start to realise that paintings produced in a manufacturing environment, aka Damian Hirst and China’s manufacturing arm, supported by Interior Design shops/galleries that import paintings from China and then mark them up 400-500%, have infiltrated the heart of what the dictionary describes as art.

Back in 1993, the first year that Queensland College ofArt amalgamated with Griffith University, I spent two years studying printmaking as my minor (Painting was my major) all because the ceramics class was booked out by students majoring in photography, and now I have a HECS debt, a proportion of which was of absolutely no use to me, courtesy of the Federal Government.  It did however teach me an important lesson, Art School as we knew it, was in decline.

Looking back almost twenty years, I have seen the Queensland College of Art, which had a great reputation, fall into disrepair.  Now folios have disappeared, replaced by entrance scores with courses that have twice as many students, half as many staff, even less contact hours and an ever decreasing budget.  However, as I can attest, the arts can attract some of the best thinkers in our society, those in the medical profession and the sciences, as QCA have “… some of the highest entrance scores in the university.” (p.6)  For the moment though, that leaves some very capable people perhaps being denied places in favour of people who fit the university’s academic outcomes.  The problem with tests, particularly academic tests, is that they don’t take into account emotional intelligence, which I have found is THE most important component in any endeavour.

Arrogance mixed with ignorance can be dangerous and is a barrier to learning, combined with greed and narcissitic (egotistical) decisions bring you things like black spots on our highways.  To cite an example building the turning lane of the Logan Motorway onto the right hand fast lane of the Ipswich Motorway, causing the Motorway to back up as people slow down to make the turn safely.  Duh …!  How come we spend so much money making mistakes, that with a bit more listening and a little bit more thinking, someone in authority would have noticed that that was a bad design idea?

Lets hope that 2010 is the beginning of the decade where we start to think a little more about the consequences of our actions.  The concept of universities was designed and supported by Socrates, Plato and Aristotle to teach thinking and wisdom, and finding wisdom through the arts, is one of the last bastions of the thinking mind.

Winner of FREE Wine Raffle at 2009 Art Exhibition

The winner of the FREE Wine Raffle at the 2009 Brisbane Artists Academe’s End of Year Exhibiton and Scholarship Awards is Daniel Molloy.  Congratulations Daniel.

People’s Choice Scholarship Winner of 2009

The winner for the 2009 People’s Choice Scholarship Art Exhibition is Jamie Brown for his painting titled “Time Out”, which he also sold on opening night.  Jamie has won a scholarship to the value of $500 to go towards studying The Fundamentals of Drawing and Painting the Figure every Thursday evening, commencing on Thursday 4th February 2010.  Congratulations Jamie.