UK artists will earn new royalties when their work is resold in Australia as part of a free trade agreement between the UK and Australia, the government has said.
The Department for Trade and Industry says rules introduced last week mean UK artists can claim resale royalties each time their art - including paintings, sculptures, prints and photographs - is resold in the Australian professional art market.
Artists are now entitled to resale royalties in line with the Australian system, currently 5% of the sale price of artworks sold commercially for AU$1,000 or more, where previously they would not have received anything.
Creative Industries Minister Julia Lopez said: “Thanks to this new Free Trade Agreement, British artists will be fairly rewarded for their efforts and be able to claim resale royalties in line with the system [in Australia].
"This is just one part of our plan to grow our booming creative industries even further, benefiting talented British artists that are in demand around the world.”