Super Art Saved!!! All 3 Australian political parties rule out Cooper's recommendations

From Michael Fox, Campaign Coordinator, Save Super Art: Dear All, Please find below a Campaign Media Release from the ALP.  We are pleased to announce that all three major political parties in Australia have now reached a consensus position to rule out the Cooper Report proposals to ban artworks from SMSFs.

As such the Australian art market can return to a state of certainty for the first time since these recommendations were made public on April 29.

Final Cooper Report Recommends Ban on Artworks in Super Funds

Courtesy Michael Fox and the Australian Art Sales Digest: The final report of the Cooper Review in Superannuation, delivered to government yesterday has now called for legislation to ban self-managed super funds from investing in art and requested a shorter time period for super funds art collections to be divested that it previously recommended in April.