Tag Archive | "New Survey"

Tags: , , , , , , , , , , , , , , , , , , ,

New Survey Finds that Berlin’s "Poor But Sexy" Artists Are Also Poor and Unhappy


by Alexander Forbes, ARTINFO Berlin
Published: December 16, 2011

A popular mythos of the contemporary art world goes something like this: move to Berlin and your every wish will be answered. You’ll have a studio the size of five Williamsburg warehouses. Your apartment, equally spacious, will overlook a lush park where you and your equally trendy peers will laze away the summer days drinking heffeweizen and prosecco before attending the openings of your countless solo shows in crumbling warehouses, which will make your career skyrocket internationally.

That’s perhaps a bit of an exaggeration, but truly, there are few more fetishized locales among the up-and-coming artist crowd (with Detroit being a new contender). We seem to want to believe that there’s still somewhere that artists and writers, curators, and gallerist hopefuls can live, carefree, just doing what they wish. But according to the first-ever “Kultur und Kreativwirtschaftsindex” (“Cultural and Creative Industries Index”) published on Tuesday, that may no longer be the case.

After spending over two decades as the art world’s dreamland, Berliners and Berlin-transplants are starting to complain. According to the survey of approximately 1,200 artist, freelancers, writers, and other creative professionals, Berlin’s “poor but sexy” status doesn’t live up to its current reality. Ten years ago it may have been fine to get paid €5 for an article, but your apartment was only slightly more than that. Artists who participated in the survey lamented that affordable studio space is shriveling, likely the result of shiny new loft apartments cropping up first in Mitte, but increasingly also in Kreuzberg, even into bordering areas of Neuköln.

Granted, 62 percent of those surveyed still agreed that Berlin is a highly attractive place to live and a great working environment — it’s just that the money isn’t there, meaning there isn’t a native art market. It’s a rather vicious cycle. With galleries — the ones that can survive, that is — making an overwhelming percentage of their income at the international art fairs they attend and to clients abroad, it’s a wonder some haven’t closed their doors in exchange for a P.O. box and a storeroom.

The government is taking notice of the decline, sponsoring this index both to help raise awareness of the realities faced by Berlin’s creative community and to generate initiatives to combat these hardships. They certainly have no small stake in the sectors success, with it ranking between the chemical and automotive industries in terms of yearly capital-generation (€131.4 billion in 2009).

Whether artists will stick it out in Berlin or find greener pastures further east, however, is still up for debate. 

Check out the original post here

Posted in Arts NewsComments (0)

Tags: , , , , , , , , , , , , , ,

Performing Arts: The Great Muppet Museum Caper: A Q&A with Miss Piggy’s Creator on the New Survey of Jim Henson’s Art


 ARTINFO asks Jim Henson Legacy president Bonnie Erickson about Miss Piggy’s origins, the “gentle anarchist,” and her thoughts on the new 3D Muppets movie.

Check out the original post here

Posted in Arts NewsComments (0)

Tags: , , , , , , , , , , ,

Postwar & Contemporary Art: Finding Order in Miro’s Surrealist Chaos: A Tate Curator on 5 Key Paintings in the Artist’s New Survey


 Marko Daniel charts the great painter’s development, from his seminal “The Farm” to late work that captures the spirit of May 68.

Check out the original post here

Posted in Arts NewsComments (0)

Tags: , , , , , , , , , , , , , , , , , , ,

Big Four Subsidiary Banks Fail To Impress Business Customers


The results of a new survey suggest that smaller Australian banks including St George and Bankwest perform little better than their big four parents when it comes to customer service for their business clients.

Both banks also underperform when compared to regional banks and other smaller non allied lender, according to DRM business financial services monitor.

According to the survey, non allied smaller lenders such as Bendigo and Adelaide Bank and Suncorp were able to achieve higher customer satisfaction levels from their business clients compared to allied banks such as St George and Bankwest.

“There is a very significant and consistent difference in average satisfaction scores between the big four and the independent regionals and others,” the report said.

Dhruba Gupta managing director of DBM said it was surprising that subsidiary banks such as Bankwest and St George did not achieve higher customer satisfaction marks than their big four parents.

“Businesses are making clear distinctions between non-big four banks allied with a major bank and those that are independent regional’s or another bank. The results suggest that for a regional brand to deliver the higher levels of satisfaction they need to be seen to have the true qualities of a regional bank. This has important implications for the major banks using regional brands,” he said.

Compare Australian Business Bank Account Deals

Related posts

  • No related posts.

For more details click here

Posted in FinanceComments (0)

Tags: , , , , , , , , , , , , , , , , , , ,

Rate Hikes Forcing Australians To Scale Back On Christmas


According to the results of a new survey conducted by mortgage broker Loan Market, one in ten mortgage borrowers have scaled back their plans for the Christmas holidays as a result of higher interest rates.

The survey also suggests that nearly two thirds of people who responded to its poll said they were-evaluating their spending plans as a result of the impact of higher mortgage repayments.

An online survey by mortgage broker Loan Market also found that almost two-thirds of respondents were re-assessing their spending due to higher mortgage repayments.

Dean Rushton, chief operating officer of Loan Market said that the four 25 basis point rate rises by the Australian central bank during 2010 has had a major impact on the economy, particularly on the retail sector, which is in desperate need of a robust Christmas season.

“Many Australians are struggling with the cost of everyday goods as well as services such as power and water, and they needed some interest stability,” he said.

Of the 452 people who responded to the poll, 35 per cent said that banks and the RBA had “turned Santa into Scrooge”, whilst 17 per cent said they were opting for cheaper substitutes instead of more expensive food items over the holiday season.

38 per cent of poll respondents said that despite the increase in their mortgage repayments, it would be “Christmas as usual”

Compare Australian Personal Loan Deals

Related posts

For more details click here

Posted in FinanceComments (0)

Tags: , , , , , , ,

Postwar & Contemporary Art: Charles Saatchi Anoints Another Generation of British Art Stars with a New Survey


 The notorious collector is showing work by more than 50 young artists at his London gallery.

For more details click here

Posted in Arts NewsComments (0)

Tags: , , , , , , , , , , , , , , , , , , ,

Australian Mortgage Borrowers Struggle To Pay Home Loans


The results of a new survey suggest that mortgage borrowers are scrapping their holiday plans in order to concentrate on paying off their home loan.

According to the results of the latest Bankwest/Mortgage and Finance Association of Australia (MFAA) home finance index, more than half of those polled were sacrificing a number of everyday necessities in order to absorb the cost of higher interest rates.

“With interest rates higher than last year, many mortgage holders seem to be holding back on their spending,” Bankwest retail chief executive Vittoria Shortt said.

The survey polled over 1,000 property owners across the country, and found that over half said they ate out less, whilst just under half said they were cutting costs at home and taking packed lunches to work.

42 per cent of respondents said they were either scrapping their holiday plans altogether or considering cheaper holiday options. 40 per cent of those polled said they were now purchasing food in bulk.

“There is a clear move to more thrifty spending for many Australian households,” Ms Shortt said.

Australians seeking to cut their costs have implement measures ranging from selling unused items to seeking additional work and reducing insurance payments and superannuation contributions.

“Although some of the cost cutting strategies may seem extreme … it’s actually down to principals of good financial management,” MFAA chief executive officer Phil Naylor said.

“Borrowers can’t avoid rising interest rates, but they can minimise the impact by considering making an extra mortgage repayment with extra funds that would have otherwise been used for things like holidays.”

Compare Australian Savings Account Deals

Related posts

For more details click here

Posted in FinanceComments (0)

Tags: , , , , , , , , , , , , , , , , , , ,

NAB Australian House Price Survey Suggests Sentiment Weak


According to the results of a new survey, prices of houses located in Australian capital cities are set to remain weak.

The survey which was commissioned by National Australia Bank found that the average expected annual price rise 1.5 per cent during the September quarter.

The results are similar to the result obtained during the June quarter survey, but down significantly from the 6.0 per cent expected average rise recorded during the March quarter survey.

House prices in Canberra posted the highest expected gain of 5.0 per cent, whilst Brisbane posted the weakest expected gain of just 0.1 per cent.

According to the results of the survey, houses with a price of less than $500,000 were expected to post the biggest rise in prices, whilst those with a price tag in excess of $2,000,000 were expected to appreciate by the least.

Overseas buyers were expected to account for 5 per cent of existing property purchases and 7 per cent of new development sales, down from 9 per cent in both segments during the June quarter.

Rising interest rates and access to credit were listed as the top reasons for constraining demand, although current prices levels and economic uncertainty were also significant.

The survey results suggest that residential property was the best performing category, with all other categories performing only reasonably.The survey also found residential rents were expected to rise by “around 2.5 per cent” over the coming year on average across Australia.

Compare Australian Personal Loan Deals

Related posts

For more details click here

Posted in FinanceComments (0)

Tags: , , , , , , , , , , , , , , , , , , ,

Australian Consumer Inflation Expectations Rise


A new survey suggests that as a result of strong economic data, September consumer inflation expectations have risen, after four consecutive months of decline.

The survey of consumer expectations was conducted by the Melbourne Institute, and suggests that the median expected inflation rate rose to 3.1 per cent in September from 2.8 per cent in the previous month.

74.5 per cent of respondents expected inflation rise, up from 73.5 per cent in the previous month, whilst the number of respondents who expect inflation to remain unchanged fell to 13.9 per cent, from 16.6 per cent in August.

Dr. Michal Chua of the Melbourne Institute says he believes that expectations had risen on the back of better than expected jobs data, as well as robust GDP growth.

The Melbourne Institute conducted its survey during the week where national unemployment figures were revealed, surprising many by falling to 5.1 per cent from 5.3 per cent. The central bank also held interest rates steady at 4.5 per cent that same week for the fourth consecutive month.

Salespersons and clerks were the sector that registered the highest median expected inflation rate of four per cent.

For the states, Queensland recorded the highest expected inflation rate of 4.2 per cent, while South Australia recorded the lowest, at 1.9 per cent.

Compare Australian Car Loan Deals

Related posts

For more details click here

Posted in FinanceComments (0)

Tags: , , , , , , , , , , , , , , , , , , ,

Financial Planners Starting To Avoid Managed Funds


The results of a new survey suggest that under pressure from clients, financial planners and advisers have begun to avoid managed funds. According to the results of the report, planners are increasingly investing money directly into equities and other listed investments.

Investment Trends (IT), a market research firm which authored the report said that unlisted managed funds gained ground over the last year, and only half of the cash collected by planners was invested in managed fund, down 62 per cent from the previous year.

The survey which polled 700 planners during April and May suggests that planner’s estimate only 39 per cent of funds allocated would be directed towards managed funds by 2013.

Mark Jones of IT said that nearly 20 per cent of all new money was being allocated towards direct equities investment, and that asset allocation into exchange traded funds, real estate investment trusts and managed accounts has also risen.

“Planners have been gradually increasing their use of direct shares and other listed investments since 2008,” Mr Johnston said. “But this year has seen a dramatically larger shift.”

Approximately one third of planners can be described as high users of direct investment strategies, where client funds are allocated towards equities, ETF’s, with only 7 per cent of inflows from this groups allocated towards managed funds.

“That appears in part to be a response to . . . increased investor fee aversion and dissatisfaction with managed fund performance,” Mr Johnston said.

Compare Australian Savings Account Deals

Related posts

For more details click here

Posted in FinanceComments (0)

Sponsored Links