Ahead of a day strongly focused on mining, the first example Richard Denniss gave in his Revenue Summit opening address came from the arts: a classic tale of entrenched inequity.

When the property developer celebrities manufactured by TV’s The Block sell at profit or win the $100,000 prize, they pay zero tax. None. No tax at all on those very public capital gains.

When Australia’s most accomplished artists win the Archibald Prize, however—or indeed, almost every other arts prize, award or grant—that money is taxed. After working hard for decades just to be in the running, artists lose a substantial portion of their prestigious prize.

Meanwhile, all their hard work is also being stolen at industrial scale and with absolutely no consequences: big tech has mined everything they can get their hands on to feed the AI engines designed to put artists, writers and journalists out of business…

>>> Read on in The Point