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‘There is enormous appetite’: art market revels as more records fall Save Share By anyone’s measure, last week was exceptional for Australia’s secondary art market, with $25.8 million in sales, 16 artist records set and a new high for an internet bid. Not only was a new record set for Arthur Streeton for his romantic vision of Venice, The Grand Canal, which hammered $2.5 million at Deutscher and Hackett in Melbourne, but the painting sold to an internet bidder, establishing yet another record. Deutscher and Hackett charges a 25 per cent buyer’s premium, including GST...

Former Obama chief of staff Rahm Emanuel’s famous axiom is that a crisis is a terrible thing to waste. It’s an even a worse thing to manufacture. Although Joe Biden obviously disagrees. Creating an unwarranted sense of drama and urgency around climate change is central to his approach — to catalyze action unsupported by the facts or common sense. In announcing his climate and energy team the other day, the president-elect declared climate change a crisis requiring a “unified national response.” Going even further, he called it “an existential threat of our time,” a frankly prepo...