Frequently asked questions

Applying for a COLLECT Art Scheme loan

All Australian residents, as individuals, can apply for a COLLECT Art Purchase Scheme loan. Joint applications from couples or applications from businesses are not eligible to apply.

Yes. As long as you apply for the new loan in your own name and it is your signatures and identification that you provide to COLLECT.

Yes. Interstate Australian residents should contact the relevant arts business to arrange:

  • the selection and purchase of eligible artwork(s)
  • provision of one primary and one secondary proof of identity documents (see guidelines or application form for more details)
  • proof of current address.

Once these details have been provided to the arts business, they will complete an artwork submission form to Arts Tasmania. We will forward an electronic loan application form to the applicant for completion upon receipt and verification of the details provided.

Interstate applicants will be required to pay freight costs or negotiate these with the arts business. Freight costs cannot be included as part of the loan.

Please contact Arts Tasmania on 03 6165 6666 to arrange an alternative application process.

To be eligible, artworks must be produced by a living Tasmanian artist and it must be the first sale of the artwork, meaning it must not have been previously owned or sold. The artwork may be sculpture, glasswork, ceramics, paintings, works-on-paper, photography, furniture, textiles, jewellery, metalwork, woodwork, new media or limited-edition prints where the print run 150 prints or fewer (not reproductions or posters).

Yes. There is no minimum deposit requirement for commissioned works. The arts business will determine if an appropriate deposit amount is required. However, the minimum and maximum caps for retail prices and loans still apply to commissions. The minimum price of a commissioned artwork is $1,335 to qualify for a $1,000 loan.

The minimum amount you can borrow is $1,000 and the maximum is $8,500. The minimum retail price for an artwork able to be purchased using a COLLECT loan is $250, so you may buy up to four $250 artworks to be eligible for a $1,000 loan.

The maximum retail price for an artwork able to be purchased using a COLLECT loan is $11,500. If purchasing an artwork retailing above $8,500, you will need to pay the balance as a deposit. For example, if you purchase an artwork retailing at $11,500, you may borrow up to $8,500 and will need to pay a deposit of $3,000, which is the difference between loan amount and the value of the artwork.

Successful applicants are required to submit a Direct Debt Request (DDR) form to the Department of State Growth to facilitate monthly loan repayments. The nominated account must be in either the name of the applicant or a joint account that includes the name of the applicant. The account must not be a credit card.

Please confirm with your financial institution that direct debits can be accepted from your nominated account, as some accounts cannot accept a DDR.

Information for art businesses

Arts businesses can apply online to participate in COLLECT. We strongly recommend that arts businesses contact Arts Tasmania on 03 6165 6654 or via email to collect@collect-art.com.au prior to submitting an application.

All applications are assessed by an independent panel of arts and business experts, against three criteria relating to quality, planning, and business practice.

Arts businesses can apply online to participate in COLLECT. We strongly recommend that arts businesses contact Arts Tasmania on 03 6165 6654 or via email to collect@collect-art.com.au prior to submitting an application.

All applications are assessed by an independent panel of arts and business experts, against three criteria relating to quality, planning, and business practice.

In-person:

A customer must provide one primary and one secondary form of identification to be sighted by the arts business, and ID numbers must be included in the loan information form. A full list of identity documents is provided in the scheme guidelines and application form.

The applicant will be asked to upload their identity documents when completing the online loan application form. These must be consistent with those presented to the arts business.

Online or by telephone:

The applicant will be asked to upload their identity documents when completing the online loan application form. Where access to the internet is not available, please discuss alternative options with Arts Tasmania.