How much longer can the art market weather the economic storm? | The Business

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Australian art sales are proving resilient, despite higher interest rates. About $140 million worth of works went under the hammer in 2023, providing a window into the fortunes of the uber rich, who've been using art as an investment hedge during this period of high inflation. But cracks are beginning to emerge at the lower end of the market, as Emilia Terzon's been finding out.

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