Key points of the RNSW strategic plan

Thursday 20 November 2014, 10:09pm

THE RACING NSW STRATEGIC PLAN BASED ON TAX RELIEF

If tax parity is approved, the NSW racing industry expects to get an annual injection of around $72 million

Comparison of TAB revenue to other states

* NSW racing receives $4.70 for every $100 bet on the totalizator while the state government gets $3.22

* The Victorian industry receives $7.90 per $100 and the government $1.28

* Queensland racing gets $7.25, the government $0.82

* In South Australia the return to racing is $8 and the government takes nothing while in Western Australia the division is $6.67 to racing and $2 to government

Summary of aims based on a revision of the levy:

* Reducing the deficit faced collectively by racehorse owners between prizemoney and training and racing costs, by further increasing prizemoney levels benefiting all participants including owners, trainers, jockeys and licensed stablehands

* Broadening the distribution of prizemoney to participants across NSW including enhancements to the BOBS scheme

* Reviewing Race Fields fees and determining the optimum level of fees that can be generated

* Further developing The Championships and a world class Sydney Autumn Racing Carnival that is compelling and attracts considerable international and interstate visitation at its climax

* Improving the quality of race broadcasts, presentation, quality and access to racing information and form

* Engagement of a broader audience through effective digital marketing and branding

* Developing an integrated industry marketing and branding strategy

* Setting race dates to maximise returns, improve the opportunities for participants outside the Metropolitan area and promote racing throughout NSW as a whole

* Reviewing the capital expenditure proposals for racing across NSW and broadening the base of capital expenditure for racing, training and customer facilities

* Improving workplace health and safety across the industry

* Improved regulatory and integrity regimes that build public confidence

* Improving the viability of race clubs

* Improving future workforce and human resources

* Racing NSW to increase prize money and abolish nomination and acceptance fees

* Saturday metropolitan races to be worth $100,000. Listed races to carry a minimum of $150,000

* Significant increases for all other races including $30,000 races in provincial areas and $20,000 for country races

* A $2 million investment in traineeships and apprenticeships in high youth unemployment areas

– AAP

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