Following last week's announcement that Bonhams will open an outpost in Tokyo, Robert Brooks, the London-based chairman of the international auction house, now plans to relaunch a branch in Australia. Bonhams already has a presence in Hong Kong, where rivals Christie's and Sotheby's have also set up shop and added more sales recently, including important wine, jewelry and fine art auctions. Last year, Christie's saw a 94% increase in the value of items purchased by Chinese buyers.