For the first time, Australian visual artists are set to benefit from an expansion of resale royalty rights internationally.

Previously, visual artists were entitled to a resale royalty for eligible artworks resold commercially in Australia for $1,000 or more. The Resale Royalty Scheme is now being expanded to include 17 countries that have entered into reciprocal arrangements with Australia, commencing 31 March 2024.

This means that Australian artists will receive royalties when their eligible artworks are resold in these countries, and artists from these countries will receive royalty payments for their eligible artworks resold in Australia.

Since its commencement, the scheme has generated more than $14 million in royalty payments for around 2,700 artists from more than 32,000 sales.

Are you entitled to a royalty payment? You can register with the scheme’s collecting society Copyright Agency at any time.Take a look