Australia’s vast and varied landscapes, combined with its unique climate conditions, mean that choosing the right paint is essential. Whether you’re painting an inner city home, a coastal retreat, or a bushland hideaway, your choice of paint needs to stand up to the elements. In this article, we will explore some of the best paints available in Australia for 2023 based on durability, finish quality, environmental considerations, and value for money.
Painting a home involves so many decisions, and choosing the right paint for the right job is tricky. Here we look at the top paint brands for the jobs at hand.
Taubmans All Weather
Exterior paints need strength to withstand the elements, they do this by adding additional and expensive, top quality resins so fading is less of an issue, and new technology that offers UV protection. Who wants to repaint a house, right? After years of advancement, you can now achieve great results with acrylic exterior paint, which has the primer built in. Taubmans All Weather and Taubmans Sun Proof are great options here.
Exterior features such as fences and front doors are a chance to add extra zing to the design, and very often the best way to produce that effect is with a gloss or enamel paint. While there have been improvements in acrylic gloss products, purists and pros are still reaching for the oil based product – the finish is simply brighter and more reflective, and more to the point will last longer on high traffic spots such as doors. The lesser known Norglass brand offers a magnificent result, and comes in small cans, which is a bonus for feature trim jobs.
Dulux Wash and Wear
Interior walls cop the most passing traffic scuff and grime, especially if you are blessed with kids or pets. The ideal paint here is a washable, acrylic based paint that goes on smoothly, and wipes clean easily. A combination of huge colour range, and great coverage (meaning less coats to put on) is the Dulux Wash and Wear brand. You can actually feel the extra weight on the brush or roller, which is a good thing, but tougher on older hands, or newbies to the roller game.
British Paints Paint and Prime
Getting on top of ceilings is perhaps the most difficult of paint jobs; back breaking and neck stretching, it is a job with little pay off – but is critical to achieve a perfectly finished room. A dead matte finish is ideal, usually in white (but don’t let that stop you from playing with colour), and always acrylic. While you can use a cheaper matte paint, a purpose designed one will go on easier and offer better coverage – it’s designed to be a one stop wonder. British Paints Paint and Prime is reputed to have be a good ceiling paint that goes on thickly, and works particularly well with a long nap roller, reducing spray.
Houses have damp zones, and yes they need extra care because paint that doesn’t deflect the wet will get mould, mildew and then peel. The elasticity of acrylic paint is great here, and Berger Paints have a product, Kitchen and Bathroom Everlast which offers a five-year guarantee against mould and mildew. Best tip here is to steer clear of a matte ceiling paint, but the soft or lo sheen bathroom paint.
A secret of professional painters is the top paint brand Haymes. Haymes is perhaps a lesser known brand to the home decorator but it has been rated by Canstar as the top paint in Australia for the last six years. Haymes has been produced by the one family in Australia for generations, and commands respect from those who spend their lives up a ladder. They don’t need expensive ad campaigns, because those in the know don’t need reminding of this solid and impressive brand. Always consider checking out their products when starting a project.
As environmental awareness grows, many Australians are seeking eco-friendly paint options. Look for paints labeled as low VOC or zero VOC. These paints emit fewer chemicals, making them healthier for the environment and for the inhabitants of the painted space. Brands like Haymes and Porter’s have taken commendable steps in this direction.
Choosing the Right Paint
Remember, the best paint for your project depends on the specific requirements of the job:
- Surfaces: Different paints are formulated for different surfaces such as wood, brick, or metal.
- Location: Consider the specific climatic challenges of your region. Coastal homes might need salt-resistant paints, while homes in tropical areas might benefit from mould-resistant options.
- Finish: Decide if you want a matte, semi-gloss, or gloss finish. This can affect the look and feel of the space as well as the paint’s durability.
Australia has a broad range of paints tailored to its unique environments. From the intense sun to the coastal breeze, our selection of paints have been tried, tested, and emerged as top picks for 2023. Remember to consider the specific needs of your project and, when in doubt, consult with a local professional for guidance.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Few of the U.S.’s philanthropic foundations invest their endowment assets—totalling an estimated US$1.1 trillion—to create positive social and environmental change in addition to high returns, potentially limiting or even counteracting the good such organisations do.
Exactly how few isn’t precisely known. But Bridgespan Social Impact, a subsidiary of the New York-based Bridgespan Group along with the Capricorn Investment Group, a Palo Alto, Calif.-based investment firm founded by Jeff Skoll , the first president of eBay, and the Skoll Foundation, also in Palo Alto, attempted to “get the conservation started,” with a study of 65 foundations with a total of about US$89 billion in assets, according to Mandira Reddy, director at Capricorn Investment Group.
The top-line conclusion: 5% of the primarily U.S.-based foundations surveyed invest their assets for impact. Most surprising is that 92% of these organisations, which have assets ranging from US$11 million to US$16 billion, are active members of impact investing groups, such as the Global Impact Investing Network and Mission Investors Exchange.
“If there’s any pool of capital that is best suited for impact investing, it would be this pool of capital along with family office money,” Reddy says.
The study was also conducted “to draw attention to the opportunity,” she said.
“We want to redefine what philanthropy can achieve. There is massive potential here just given the scale of capital.”
Foundations are required by the U.S. Internal Revenue Service to grant 5% of their assets each year to charity; in practice they have granted slightly more in the last 10 years—an average of 7% of their assets, according to Delaware-based FoundationMark, which tracks the investment performance of about 97% of all foundation assets.
The remaining assets of these foundations are invested with the intention of earning the “highest-possible risk-adjusted financial returns,” the report said. Those investments allow these organizations to grant funds often in perpetuity.
Capricorn and Bridgespan argue that more foundations, however, need to “align their capital with their missions,” and that they can do so while still achieving high returns.
“Why wait to distribute resources far into the future when there are numerous urgent issues facing the planet and communities today,” argue the authors of a report on the research, which is titled, “Can Foundation Endowments Achieve Greater Impact.”
The fact most of the foundations surveyed are very familiar with impact investing and yet haven’t taken the leap “highlights the persistently untapped opportunity,” the report said. It details some of the barriers foundations can face in shifting to impact, and how and why to overcome them.
Hurdles to making a shift can include “beginner’s dilemma”—simply not knowing where to start—and a misperception on the part of large foundations that impact investing is “too niche,” offering opportunities that are too small for the amount of capital they need to allocate. Other foundations are too stretched and don’t have the resources to add capabilities for making impact investments, the report said.
One of the biggest concerns is financial performance. Some foundation leaders, for instance, worry impact investments lead to so-called concessionary returns, where a market rate of return is sacrificed to achieve a social or environmental benefit. Those investments exist, but there are also plenty of options that offer financial returns.
The authors make a case for foundations to “go big,” into impact to realize the best outcomes, and to take a portfolio approach, meaning integrating impact principles into how they approach all investments. To make this happen, foundations need to incorporate impact into their investment policy statements, which determine how they allocate assets.
It will be difficult for foundations that want to shift their assets to impact to pull out of investments such as private-equity or venture-capital funds that can have holdings periods of a decade. But with a policy statement in place, a foundation’s investment team can reinvest this long-term capital once it is returned into impact investing options, she says.
“The transition doesn’t happen overnight,” Reddy says. “Even if there is a commitment for an established foundation that is already fully invested, it takes several years to get there.”
The Skoll Foundation, established in 1999, revised its investment policy statement in 2006 to incorporate impact. According to the report, the foundation initially divested of investments that were not in sync with its values, and then gradually, working with Capricorn Investment, began exploring impact opportunities mostly in early-stage companies developing solutions to climate change.
“As the team gained more knowledge and experience in this work, and as more investment opportunities arose, the impact-aligned portfolio expanded across different asset classes, issue areas, and fund managers,” the report said.
As of 2022, 70% of the Skoll Foundation’s assets are in impact investments addressing climate change, inclusive capitalism, health and wellness, and sustainable markets.
Capricorn, which manages US$9 billion for foundations and institutional investors through impact investments, constructs portfolios across asset classes. In private markets, this can include venture, private equity, private credit, real estate, and infrastructure. There are also impact options in the public markets, in both stocks and bonds.
“Across the spectrum there are opportunities available now to do this in an authentic manner while preserving financial goals,” Reddy says.
Of the foundations surveyed, about 15, including Skoll, have 50% or more of their assets invested for impact. Others include the Lora & Martin Kelley Foundation, the Nathan Cummings Foundation, the Russell Family Foundation, and the Winthrop Rockefeller Foundation.
Though not part of the study, the California Endowment just announced it was going “all in” on impact. The organisation has US$4 billion in assets under management, which likely makes it the largest foundation to undergo the shift, according to Mission Investors Exchange.
Although the researchers looked at a fairly small sample set of foundations, Reddy says it provides data “that is indicative of what the foundation universe” might look like.
“We cannot tell foundations how to invest and that’s not the intent, but we do want to spread the message that it is quite possible to align their assets to impact,” she says. “The idea is that this becomes a boardroom conversation.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’