The $50,000 Walters Prize is awarded for an outstanding work of contemporary New Zealand art produced and exhibited during the past two years. Previous winners were Yvonne Todd for Asthma and Eczema (2002), et al. for restricted access (2004), Francis Upritchard for Doomed, Doomed, All Doomed (2006), Peter Robinson for ACK (2008) and Dan Arps for Explaining Things (2010).
Named in honour of the late New Zealand artist Gordon Walters, the Prize was established in 2002 by Founding Benefactors and Principal Donors Erika and Robin Congreve and Dame Jenny Gibbs, working together with Auckland Art Gallery. The Prize, held every two years, aims to make contemporary art a more widely recognised and debated feature of cultural life.