The Tasmanian Portrait Prize was a prestigious award for Tasmanian artists, aged 30 and under.

For the past 12 years RACT Insurance has run the Tasmanian Portrait Prize, encouraging emerging artists to share their talent with the broader Tasmanian community.

During that time, over 850 entrants have won more than $100,000 in prizes, and finalists have enjoyed a taste of commercial success by appearing at exhibitions around the state.

It has been our privilege to create and run this event, but we have recently undertaken a review of the program and decided it‘s time for us to change direction. The art sector has grown substantially since we began; there are now a raft of new competitions available to young artists. With this in mind, we will be taking a step back and closing down the Portrait Prize.