The College of Fine Art at the University of NSW is celebrating its Budget Day win of $48m for the long-awaited new art museum and rebuilding of studios at its much loved but decidedly worn premises on Oxford St, Paddington. Having suddenly lost its original donor in the financial meltdown, the signature building by Architectus, the firm that designed GOMA in Brisbane, is shovel-ready and will get under way within a few months.

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