This scheme actively encourages people to support Tasmanian artists and be able to enjoy their purchases whilst still paying for them, knowing that the artist has been paid in full.
What is it?
The COLLECT Art Purchase Scheme
is an interest free loan program that enables you to purchase works by contemporary Tasmanian artists from participating Tasmanian galleries.
Who can use it?
All Australian residents can apply to the COLLECT Art Purchase Scheme.
Where can I buy artworks?
The COLLECT Art Purchase Scheme can only be accessed through participating galleries. There is a list of participating galleries on the website www.collect-art.com.au
What artworks can I buy?
You can buy sculpture, glasswork, ceramics, paintings, drawings, photography, furniture, jewellery…any artwork by a Tasmanian living artist from a participating gallery that retails between $400 – $10,000.
How much can I borrow?
The minimum amount you can borrow is $750 and the maximum is $7,500. This means that you can buy a number of lower priced works retailing at $400 upwards, or with a deposit of $2,500 you can buy a single $10,000 work.
What does it cost?
There are no application or administrative costs. The only cost is the retail price of the artwork.
When do I have to repay the loan?
The length of the loan is one year. Repayments are to be made each month via direct debit in 12 equal instalments. There are no penalties for early pay out of the loan. All applications are submitted on line at www.collect-art.com.auHow long does it take to process my application?
Once received it takes five days to process your application. If your application is approved you then have a further five days to sign and return your loan agreement. If the loan agreement is not received within this timeframe the gallery may release the artwork for sale. Once approved you may then collect your work from the gallery.
What if I live interstate?
You may need to pay freight costs in addition to the artwork cost if you are not able to collect your work directly from the gallery once the loan is approved.
Who provides the loan?
The loan is provided by arts@work, the industry development arm of Arts Tasmania, Department of Environment, Parks, Heritage and the Arts.
How many loans can I have at one time?
You can only have one active loan at a time through the COLLECT Art Purchase Scheme.