Is Aboriginal Art Boom Sustainable?

“Aboriginal art is now worth $10 million a year to the salerooms – up from a mere $620,000 a decade ago. But Sotheby’s has been taking 60 per cent or more of the total and its main competitors want to grab their share. Others have tried, however, and failed. And whether there are enough collectors in Australia or overseas to keep five big salerooms running profitably seems highly doubtful.”