Copyright David Bromley | credit Tom Mathieson Gallery
It's hard to pick a better barometer for the financial crisis than the health of the contemporary art market. Along with Porsche Boxsters and Rolex watches a painting by a "cool artist" sits near the top of every investment banker's bonus day wish list.
In Australia, David Bromley was the younger investment banker's must have artist. After all, if you're a 25-year old Macquarie gun, an excuse to put a topless supermodel on your wall and call it culture is hard to beat!
Actually, I like Bromley's paintings, especially his Boys Own adventure pieces which remind me of the Famous Five books I read as a lad. He's been a finalist four times in the Archibald prize and is consistently named as one of the 50 most collectable artists by Australian Art Collector Magazine.
But here's the thing. I did a little online research. I found eight galleries that sell Bromley's art (the big three are Tim Olsen, Jan Murphy and Scott Livesey) and across the stock rooms of all these galleries I counted 124 of his works currently for sale. 124!
Supply and demand David, supply and demand. You rode the boom brilliantly but now it's time to plan for the long term. Take a year off, slow your production rate right down . . . and stop churning out the the titty portraits, that market is as dead as the 2009 UBS graduate intake.
[Download an article about David Bromley: Download Bromley-insideout-mar07].