Taking Tasmania's racing industry to the next level
- 28 Feb, 2018
Jeremy Rockliff, Minister for Racing
A re-elected majority Hodgman Liberal Government will take racing to the next level, with a target to increase stakes by a minimum of four per cent each year, and boosting prize money for winning, locally bred horses with $1.75 million towards thoroughbred and harness breeding schemes over five years.
We have also set a target for Tasmanian stakes to increase by at least 16 per cent by 2022.
Tasmania’s racing industry supports jobs in rural and regional communities, with over 5,000 Tasmanians either employed or participating in the industry, injecting about $103 million a year into the Tasmanian economy.
We will continue to back the racing industry and the jobs it supports, and our commitments to the racing industry will ensure the industry can continue to grow sustainably and be competitive.
A re-elected majority Hodgman Liberal Government will:
- Support community racing clubs through a new capital grants fund of $250,000 per year to assist community racing clubs across the state to fund infrastructure and maintenance needs that fall outside Tasracing’s existing Infrastructure Plan;
- Invest in further improvements to racing integrity and animal welfare, including a boost in funding to the Greyhound Adoption Program to assist in rehoming efforts which are increasingly in demand; and
- Guarantee Government support for Tasmania’s racing industry, including increased Funding Deed support by removing the Labor-imposed efficiency dividend, ensuring an additional $300,000 per year.
The Hodgman Liberal Government is a strong supporter of the Tasmanian racing industry, and I look forward to continuing to work with Tasracing, the Office of Racing Integrity and industry participants to take Tasmania’s racing industry to the next level.
For more information on how we will take Tasmania's racing industry to the next level go to: http://bit.ly/RacingPolicy.