<PremiumPortfolio

Market Overview

Annual Australian Art Auction Sales
Last 10 years (millions $Au)

The Australian art market has witnessed sustained and tremendous growth throughout the last 10 years. This trend is exemplified by secondary auction results by AUD Volume.

Click here to read about the recent auction activity in 2006.

Premium Portfolio May 2006
David Larwill
The Dog 3 Plate sugar lift aquatint etching 78cm x 59cm edition size 50	Annual Auction Turnover 1997-2004 (EUR) Source: Artprice.com ______________________________ Average Annual Prices of Oil Paintings Sold in AUD Source: Australian Art Sales Digest

Click here to view an enlarged version of the above image by David Larwill Click here to read the latest news about David Larwill David Larwill has played a pivotal role in Australian culture throughout the 1980's and 90's. His imagery has broad appeal with markets expanding offshore. Larwill in recent times has begun to develop a print career of note, complementing his painting. Larwill is showing in London towards the end of 2005. $100 USD invested in 2000 in a work of David Larwill had an average value of $228 USD in June 2005. Larwill's top price at auction is $51,700- Deutscher-Menzies 2002 (The estimate was $28-35K). A relatively young artist to have a track record with a top price and excellent consistency in backup in secondary sales speaks volumes. “Larwill has been undervalued at auction for many years. The recent high prices to some extent corrects this and brings him into line with other leading contemporary artists such as Maguire and Moffat” - Mark Fraser, Sotheby’s. "Larwill over the next 5 – 10 years will rise dramatically…There is a good book on him; he is collected by older collectors who already have sound collections of the Moderns (Blackman, Boyd, Tucker etc) as well as the younger collectors who are only starting to put collections together now. He seems to me to be a very good sound artist to invest in or just to enjoy” - David Cook, Christies. "Artists with room to move in the market:...David Larwill.” - Michael Reid, The Daily Telegraph, July 2004.

Jason Benjamin
I have to take care of you now Etching 40 x 65cm Edition size: 50

Click here to view the enlarged version of the above image by Jason Benjamin Jason Benjamin is a Sydney based artist and has been exhibiting since 1989. Over the last decade, Benjamin has shown extraordinary perseverance in his rise to be regarded as the hottest young artist in Australia. The Australian Art Collector Magazine has short listed Jason Benjamin in its ‘Top 50 Most Collectable Australian Artists’ alongside the critically acclaimed names of Blackman, Olsen, Whiteley, Boyd and Nolan. Benjamin has received numerous national art awards and is included in all major institutional collections. He has exhibited extensively in Australia (often selling out before opening night) as well as overseas in London, Tokyo, Singapore and New York. Benjamin is Australia’s youngest artist to earn up to $50,000 a canvas. With “sell out” exhibitions over the last 4 years, his success and the broad appeal of his work, has attracted enormous interest worldwide. Benjamin’s romanticized landscapes are both evocative and visually stunning. His technical ability, particularly as a print maker and his aesthetic sensibility create some of the finest examples in Australia since Brett Whiteley. This new release by Jason Benjamin is exclusive to Art Equity.

Tim Storrier
Boy's own (Working title)
Collagraph 60cm x 81cm Edition Size: 70
Click here to view the enlarged version of the above image by Tim Storrier “Prices for Tim Storrier’s works have shot away to levels more than three times those of the 1989 peak and five times those of 1996. The previous record of $93, 250 was easily beaten when “Skyway” made $123,750 (est $50-70,000) at Sotheby’s in 2002, before that was eclipsed by “The Wave and Garland” at $221, 500 at Sotheby’s in November 2002.(auction record). There were five paintings in 2004 which exceeded $100,000 at auction” Roger Dedman. Australian Art Market Movements Handbook 2005 issue . Of those works sold in 2005, “The Evening Fire (nine mile plain)” offered at Sotheby’s November 28 sale smashed the estimate of $90-120,000.00 achieving an impressive $203,000.00 100 USD invested in 1997 in a work of Storrier had an average value of 402 USD in December 2005 – Source: Artprice.com Tim Storrier is now firmly established within the top 2 living Australian artists. Storrier’s best known and most collectable work features representations of burning ropes, and burning logs with red hot cinders. Whilst these works are large in scale and most suitable for corporate display, smaller intimate print works are ideal for the domestic market and due their rarity, are a solid investment at current market prices. The newly released collagraph, “Boy's own” (working title) includes all the benchmark Storrier features. Strong in subject matter, utilizing 7 plates and with 50 colours applied by master print maker Paul Smith, this rare collagraph is available in an edition of 70 numbered prints only.

Jeff Makin

Calstock

Etching sugarlift aquatint (3 plate)

40cm x 65cm

edition size: 30

Click here to view enlarged version of the image by Jeff Makin

Jeffrey Makin is one of Australia’s most influential artists. As a painter, printmaker and academic, he has a vision of the landscape that one cannot simply classify. His extraordinary understanding of the language and the history of image making combine in his work to convey a subtleness of light and structure of the landscape.
Makin is an artist at the height of his skills, who in the same breath successfully delves into the drama of the sublime whilst contemplating a contemporary pastoral arcadia. His long time collaborator, John Olsen in the book Australia Felix: The Landscape of Jeffrey Makin (published by Macmillan Press) describes the artist; “You are rare, very rare the way that you have given yourself to landscape and offhand, I know of no other Australian artist that has done so with such singular passion.”
Makin's highest commission price to date is $100,000.00 for a piece produced for the Hilton Hotel, Brisbane. Whilst his auction record stands at $30,000.00. Makin is well placed in his career, with a sellout solo exhibition at Barrack Gallery in 2005. This has a significant bearing on the demand for his work and therefore the expectation that prices will rise in 2006.

Portfolio Construction

This premium portfolio offers collectors and investors the opportunity to be involved with four of Australia’s most eagerly collected artists; David Larwill, Jason Benjamin, Jeff Makin and Tim Storrier. All current and past indicators suggest the mid to long term capital appreciation potential for artworks by each of these artists is outstanding.

David Larwill, one of the strongest performing mid-career artists in Australia in the last five years has developed a strong following in both corporate and private collections throughout Australia. The Dog is a stunning example of the striking imagery and expressionistic style that his work is famous for.

Jason Benjamin whose work is in high demand across the country, produces some of the finest and most beautifully constructed print works since Brett Whiteley. This image is no exception and illustrates the technical brilliance and aesthetic sensibility of his finest works.

Jeff Makin has reached new levels of critical acclaim and primary art market success in recent years with prices for his major paintings demanding around $40,000 apiece. The broad appeal of his subject matter and technique combined with his acclaimed reputation make these works very attractive for corporate rental. This etching is part of the collection of editioned works developed from Makin's sell-out exhibition The Tasman Series held by Art Equity last year.

Tim Storrier has enjoyed phenomenal success unparalleled by any other living Australian artist of his generation. A seriously "blue chip" investment, works by this artist are incredibly hot property.

Due to the proven demand for the artists included in this portfolio, the rental potential for this collection is excellent. This allows us to offer investors the high annual return of 8% over a 2 year term.

Offer Summary

Portfolio Price $15,300	Term 2 Years	Rental Return 8% pa
Total Price including GST, valuation & framing $16,900

Contact Info

Art Equity Rentals Pty Ltd
ABN 25 113 422 914

A Division of

Art Equity Pty Ltd
ABN 88 104 300 950

Sydney Office:

Level 6 Barrack House
16–20 Barrack Street Sydney
NSW 2000 Australia

Email: info@artequity.com.au
Telephone: 02 9262 6660
Fax: 02 9262 6665

Perth Office:

21 Howard Street Perth
WA 6000 Australia

Email: info@artequity.com.au
Telephone: 08 9486 1833
Fax: 08 9486 1844

Disclaimer

Art Equity Rentals Pty Ltd ABN 25113422914 makes no assurances, warranties or representations that any Information contained herein is accurate, complete or balanced. You should not rely on the information. You should satisfy yourself with its accuracy and completeness through inspections, surveys, inquiries, searches, tests etc. by your own independent consultants and representatives. Forecasts, projections, current and historical art prices, and statements of opinion contained in this document are only statements of presently held beliefs. They may prove inaccurate. Nothing in this document should be taken as a recommendation to acquire art. You should seek your own independent financial and legal advice. This disclaimer does not exclude any statutory rights you may have which cannot be excluded.