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Vault (sculpture)

1980 sculpturesBuildings and structures in MelbourneCulture of MelbourneOutdoor sculptures in AustraliaSteel sculptures in Australia
Tourist attractions in Melbourne
Vaultmelbournesculpture
Vaultmelbournesculpture

Vault (popularly known as The Yellow Peril) is a public sculpture located in Melbourne, Australia. The work of sculptor Ron Robertson-Swann, Vault is an abstract, minimalist sculpture built of large thick flat polygonal sheets of prefabricated steel, assembled in a way that suggests dynamic movement. It is painted yellow. Presently located outside the Australian Centre for Contemporary Art, it is a key work in Melbourne's public art collection, and of considerable historical importance to the city. Vault has weathered much controversy throughout its existence. Commissioned by the Melbourne City Council after winning a competition in May 1978, for the newly built Melbourne City Square, the sculpture was not even built before it began to attract criticism from certain media and council factions, on the grounds that its modern form was felt to be unsympathetic to the location. The cost of $70,000 was also felt to be excessive. The sculpture had no official name for over two years, and acquired a number of nicknames during this time. Robertson-Swann himself called it The Thing. The steelworkers who constructed it called it Steelhenge. Newspapers gave it the derogatory nickname The Yellow Peril, a name which has stuck. Robertson-Swann eventually officially named the sculpture Vault in September 1980.Installed in the City Square in May 1980, Vault lasted until December of that year, when its dismantling coincided with the State Government's sacking of the City Council. The Builders Labourers Federation consequently placed bans on further City Square work projects. In 1981, the Vault was re-erected at Batman Park, a less prominent part of the city. It remained there until 2002 when it was moved to a position outside the Australian Centre for Contemporary Art in Southbank.In 2017, the sculpture was recommended for heritage protection, through inclusion in the City of Melbourne Planning Scheme Heritage Overlay, following a heritage study of the Southbank Area.Vault has been inspirational for some built and propositional architectural projects designed in Melbourne. Several of Denton Corker Marshall's works have "adopted peril's yellow almost as a point of pride and solidarity" while its form has been manipulated in some works by ARM Architecture (Ashton Raggatt McDougall).

Excerpt from the Wikipedia article Vault (sculpture) (License: CC BY-SA 3.0, Authors, Images).

Vault (sculpture)
CityLink In-Kings Ramp Of, Melbourne Southbank

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N -37.826075 ° E 144.96772777778 °
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Vault (The Yellow Peril)

CityLink In-Kings Ramp Of
3006 Melbourne, Southbank
Victoria, Australia
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Vaultmelbournesculpture
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Carlton & United Breweries
Carlton & United Breweries

Carlton & United Breweries (CUB) is an Australian brewing company based in Melbourne and owned by Japanese conglomerate Asahi Breweries. Its notable brands include Victoria Bitter, Carlton Draught, Foster's Lager, Great Northern, Resch's, Pure Blonde and Melbourne Bitter. CUB was established in 1907 as a merger of six existing breweries and became a public company in 1913. It first expanded outside Victoria in 1931 and acquired a number of other brewing companies over the following decades. In 1983 it became a wholly owned subsidiary of Elders IXL and CUB was delisted from the stock exchange. In 1990, Elders IXL was renamed Foster's Group, and in July 2004, Fosters Group changed its name to Carlton & United Beverages. In February 2009, CUB announced the decision to separate the Australian Wine division from the Australian Beer, Cider & Spirits (BCS) division, and rename BCS to Carlton & United Breweries.In December 2011, American multinational SABMiller acquired Foster's Group, and took over ownership of Carlton & United Breweries as part of the acquisition. Subsequently in October 2016, CUB was included in the purchase of SABMiller by Anheuser-Busch InBev. SABMiller ceased trading on global stock markets and as a result, Carlton & United was then owned by Anheuser-Busch InBev.In July 2019, Asahi Breweries agreed to purchase CUB, with the Australian Competition & Consumer Commission and Foreign Investment Review Board approving the deal in May 2020.