Pensions: Sydney Clamps Down on Art Investing

The Australian government wants investors to save conservatively, and that means no art

Mixing art and commerce has always been tricky. It's getting trickier in Australia, where workers can stock their retirement savings accounts with paintings and sculptures. "I grew up with art all around me. It's my life. I love it," says John Cruthers, a 56-year-old Sydney resident who has amassed more than 100 artworks to help fund his retirement.

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