The Australian Financial Review --- Page: 26 : 20 September 2007 Original article by Terry Ingram
LexisNexis Summary
New figures show that the Australian Government approved 596 donations under its cultural gifts program in 2006-07. This compares with 615 for the previous financial year. However, the total value of such donations rose from $A28.9m to $A33.4m in 2006-07. The cultural gifts program entitles people who donate artworks to certain public institutions to claim tax breaks. Colin Laverty and Pat Corrigan are among the art collectors who have donated artworks via the program.