Blue painting with white line sells for nearly US$44 million

A monumental Barnett Newman canvas fetched a record $US43.8 million at a $US294 million Sotheby's auction as contemporary art prices rose with stocks. "The speculative element is returning to the market," said Jonathan Binstock, senior adviser in ...

In a hushed salesroom at Sotheby's on Tuesday night, a packed audience watched intently as six bidders fought over Barnett Newman's Onement VI, a deep blue abstract composition from 1953. The winner, a telephone bidder speaking Italian, ended up ...

AFPNEW YORK--A painting by Barnett Newman that Sotheby's described as an icon of Abstract Expressionism sold Tuesday in New York for a record US$43.84 million at an auction peppered with stunningly expensive works. Onement VI consists of two vibrant ...

Richter's "Domplatz, Mailand (Cathedral Square, Milan)," Francis Bacon's "Study for Portrait of P.L." and Barnett Newman's "Onement VI" are each expected to sell for between $30 million and $40 million. "We don't know what's going to happen," said ...

Unamused: Prime Minister Julia Gillard with premiers Colin Barnett, Barry O'Farrell, Denis Napthine and Campbell Newman at the COAG meeting. Photo: Andrew Meares Julia Gillard's $14.5 billion school funding package has been rebuffed by all states ...

Microsoft Corp. co-founder Paul Allen sold one of his paintings, a royal-blue abstract by Barnett Newman called "Onement VI," for $43.8 million at an auction this week. The Wall Street Journal reports the painting was purchased by an Italian buyer ...

Source: The Courier-Mail PREMIER Campbell Newman is in talks to ship up to 150,000 live cattle to Papua New Guinea as foreign aid to solve the state's beef crisis. Mr Newman headed a trade delegation to PNG yesterday and was part of a briefing to ...

Queensland Premier Campbell Newman knelt beside Anthony Kinnear in his wheelchair and asked what DisabilityCare meant for him. "Freedom," he replied. "We are not a minority. We are something that can happen to anyone at any time." The 20-year-old ...

Source: News Limited PREMIER Colin Barnett says he is worried WAs independent schools would lose some of their autonomy under the proposed Gonski reforms. The Gillard Government was unable to convince any of the states or territories to sign up for ...