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$1.1 billion of art owned by ratepayers
['David Farrar', 'David Garrett', 'Stephen Russell']
Kiwiblog
The Post reports:Colin McCahon, Goldie, Don Binney: Impoverished councils around New Zealand are sitting on a $1.1 billion art goldmine, much of it unseen by public eyes.
But I was staggered that the total value of art owned by councils is over $1 billion.
Also the vast majority of the art is not available to the public.
In Auckland the art gallery can only display 2.4% of its collection at a time.
It is worth remembering this when Councils claim they need massive rates increases to fund critical infrastructure.