Artemisia Gentileschi's 17th-century painting 'Lucretia' sold for €1.88 million ($2 million) at Dorotheum's Old Master sale in Vienna, more than double its high estimate. The work, previously unseen in public, was acquired by an Australian collection, continuing a trend of strong auction results for the Baroque artist.
D Lan Galleries is returning to TEFAF Maastricht in 2026 following a landmark debut that generated nearly $1.4 million in sales. The Melbourne and New York-based gallery will showcase 13 masterworks by prominent First Nations Australian artists, including Emily Kam Kngwarray, Sally Gabori, Johnny Warangkula Tjupurrula, and Gordon Bennett. The presentation spans works from the 1970s to the present, highlighting the evolution of Indigenous Australian art on the global stage.
Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.
An authorized David Hockney exhibition poster titled "THE DOG SHOW" (ca. 1990) has been made available for sale through MK Contemporary Ltd via the Artsy platform. The work is an offset lithograph measuring approximately 28 by 19 inches and features Hockney's signature aesthetic, including his distinct handwriting and playful use of shadows and light.
Mega-collector Ken Griffin revealed in a July interview with Stanford Business School Insights that his favorite artwork is Jackson Pollock's 'Blue Poles' (Number 11, 1952), currently owned by the National Gallery of Australia in Canberra. Griffin admitted he once offered the museum several hundred million dollars to buy the painting, but the Australians refused to sell. The interview, which went largely unnoticed by the art press, also features a playful exchange with the Australian interviewer, Michael Liu, who gloats that the painting remains in his home country.
The article examines how the transfer of wealth from Baby Boomers to younger generations is reshaping the Australian art market. As Boomers downsize or pass away, their tightly held collections—featuring artists like Grace Cossington Smith, Howard Arkley, and Brett Whiteley—are entering auction houses, creating rare buying opportunities. Meanwhile, younger collectors (Gen X, Millennials, Gen Z) face economic uncertainty, leading to a softening in the ultra-contemporary market and a decline in NFTs. New models of online and agency representation are bypassing traditional galleries, and galleries themselves are undergoing generational change, with some closing and others like Ames Yavuz and D'Lan Contemporary expanding.
Artnet News's "Work of the Week" highlights Emily Kam Kngwarray's painting *Desert Storm* (1992), currently on view at Pace London as part of the exhibition "My Country." Painted midway through her career, the work marks a stylistic shift from intricate dotting to broader strokes and expansive color fields. The piece is priced between $1 million and $1.5 million, aligning with the artist's auction record of $1.3 million (AUD $2.1 million) for *Earth's Creation I* (1994), sold at Cooee Art Gallery in 2017. The exhibition is organized with D'Lan Contemporary, which has branches in New York, Melbourne, and Sydney, and 10 percent of proceeds will support the Utopia community, in addition to the Artist Resale Right returned to Kngwarray's estate.
A 1987 Bob Ross painting, *Cabin at Sunset*, sold for $1.04 million in a benefit auction hosted by late-night comedian John Oliver, setting a new auction record for the artist. The work was painted during the second episode of the 10th season of Ross's television series *The Joy of Painting*. The online sale, which concluded November 24, included 65 eclectic lots—from presidential wax figures to a signed bucket of dolls—and raised funds for the Public Media Bridge Fund, which supports independent broadcasters amid federal cuts to public broadcasting.
Two years after the death of pioneering Aboriginal art dealer Tim Klingender in a boating accident, his widow Skye McCardle-Klingender is organizing a multi-owner auction at Sotheby’s New York on 20 May. The sale includes 65 lots from Klingender's personal collection and other owners, featuring works by leading Aboriginal artists such as Emily Kam Kngwarray, Ginger Riley Munduwalawala, Rover Thomas, Mick Namarari Tjapaltjarri, and Richard Bell. McCardle-Klingender is working with former National Gallery of Australia curator Wally Caruana to assemble the auction, which aims to continue Klingender's legacy of elevating Indigenous Australian art on the global stage.
Sydney Contemporary, Australia's largest contemporary art fair, reported A$16m (US$10.5m) in sales for its 2025 edition, marking a fourth consecutive year of decline. The fair, held from 11 to 14 September at Carriageworks, featured 116 exhibitors and nearly 500 artists, making it the largest edition to date. Despite the drop from last year's A$17.5m and A$23m in 2022, founder Tim Etchells remains committed, citing record visitor numbers of 26,440 and a shift in buyer behavior where sales often close weeks after the fair. Notable sales included a A$1.5m painting by Emily Kam Kngwarray, still under consideration by a collector. A new photography section, Photo Sydney, debuted and will return next year.
Anna Schwartz Gallery, a cornerstone of Australia’s contemporary art scene, will close in December after 40 years in Melbourne. It will be replaced by a new venture, Anna Schwartz Projects, which will focus on occasional, project-based exhibitions, conversations, and events across installation, performance, publishing, and music. The gallery’s stable has included artists such as Shaun Gladwell, Angelica Mesiti, and Marco Fusinato, each of whom represented Australia at the Venice Biennale.
Art Leven, a Sydney-based gallery focused on First Nations art, is opening its First Nations and Australian Fine Art Auction and Exhibition, headlined by the private collection of the late Dame Marie Bashir AD CVO and Sir Nicholas Shehadie AC OBE. The exhibition runs from 15–19 May 2026 at Art Leven's new Woolloomooloo gallery, with the live auction on 19 May at Artspace. The sale includes approximately 115 artworks, with 79 from the Bashir-Shehadie collection, featuring works by Balang John Mawurndjul AM, Arthur Boyd, Emily Kame Kngwarreye, Albert Namatjira, and others. The collection reflects decades of travel to remote art centres and close relationships with artists, supported by archival material like handwritten notes and early catalogues.
Howard Arkley has overtaken Brett Whiteley as the top-selling Australian artist at auction in 2025, with his spray-painted depictions of Melbourne suburbia dominating the year's art sales. The shift reflects a growing collector appetite for Arkley's vibrant, airbrushed scenes of brick homes and suburban life, which have surged past Whiteley's iconic Sydney Harbour views in auction results as the 2025 season concludes.
Elizabeth Talbot from TW Gaze explores the concept of collecting ahead of a sale of international contemporary art at Diss Auction Rooms on February 17. The auction features over 20 Australian Aboriginal works by artists like Mary Anne Nampijimpa Michaels and George Ward Tjungurrayi, six works by Chinese artist Huang Simao, and a painting by American artist Douglas Stewart, all from the estate of a Norfolk collector who sourced pieces worldwide.
At Smith & Singer's auction of Important Australian Art in Sydney, three paintings sold for over a million dollars each, led by Howard Arkley's 'Contemporary Units' (1988) at $2 million. In-room bidders secured the top lots, with collectors crowding the auction room despite rainy weather.
Australia's biggest annual art sales weekend, centered on the Sydney Contemporary fair held September 11 and 14, 2025, attracted a record 26,440 ticket buyers across its 12 editions. However, total booth sales fell for the third consecutive year to $16 million, down from a peak of $23 million in 2022. Gallerists report that market activity has shifted from works over $100,000 to those around the $50,000 mark, indicating a cooling in the high end of the market.
Sydney Contemporary, Australia's largest art fair, saw record attendance and stronger sales in its 2025 edition, recovering from a dip the previous year. The fair, now 12 years old, may surpass its 2022 record of $23 million in sales, though final figures won't be known until mid-week.
An Australian-based art investment collective, comprising 20 members including top-tier business and legal professionals, has consigned eight artworks to Leonard Joel's Centum auction of contemporary art. Among the lots is Indonesian artist Yudi Sulistyo's *Rumah (Home)*, 2013, described as a 'ramshackle rocketship with a payload of decrepit dwellings.' The collective operates with a $1 million super investment model, blending high-net-worth individuals with art market speculation.