News

posted 4 August 2022

Gabriella Coslovich, Australian Financial Review, 4 August 2022 Seven fresh records, including one that has propelled modernist painter Margaret Preston into the half-million-dollar club, have made the first of the Cbus art collection auctions a resounding success. Preston’s Coastal Gums, 1929, a brilliant spray of red blossoms from the native Corymbia ficifolia tree, sold for $500,000 (hammer),...

posted 25 July 2022

Kerrie O'Brien, Sydney Morning Herald, 25 July 2022 An extraordinary collection of Australian art, including works by Arthur Streeton, Sidney Nolan, Margaret Preston and Brett Whiteley, is about to go to auction with an estimated value of $9 million. It’s being sold by the Construction and Building Unions Superannuation (Cbus), one of Australia’s largest industry superannuation funds, and was put...

posted 20 July 2022

Gabriella Coslovich, Australian Financial Review, 20 July 2022 The second big corporate collection to go under the hammer this year goes on view in Melbourne from Thursday ahead of its highly anticipated auction next week. Superannuation fund Cbus is selling off its entire art collection across four auctions at Deutscher and Hackett, launching with the sale of 100 “highlights” next Wednesday...

posted 15 July 2022

Michael Irwin, Ocula, 15 July 2022  Australia's Construction and Building Unions Superannuation fund (Cbus) will begin auctioning off its entire art collection, worth an estimated AU$ 9 Million on 27 July. Totalling 280 artworks, the Cbus collection spans 160 years of Australian art. Featured works range from the 19th Century colonial landscapes of Conrad Martens and Louis Buvelot to modern and...

posted 7 July 2022

Tim Stone, The Art Newspaper, 6 July 2022 This year is shaping up as the year corporate Australia distances itself from art in a big way, with the Construction and Building Unions Superannuation fund (CBUS) poised to sell off its Australian art collection at Deutscher and Hackett’s Melbourne auction house across July and August. The auction comes hot on the heels of National Australia Bank’s fire...