NZ Independent Coalition racing policy 1 Aug 2014
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MEDIA RELEASE
NZ Independent Coalition racing policy
NZ Independent Coalition leader Brendan Horan today released the party’s racing policy.
While visiting Karaka today meeting industry leaders, Brendan Horan says there are some 52,000 workers involved actively in the Racing Industry on a daily basis. Despite contributing over 1.5 billion dollars per year to our GDP, our racing industry is in serious decline.
Virtually all in the industry agree the first requirement to save racing is that stakes be raised to attract owners, breeders, trainers, and the general public.
The first priorities of NZ Independent Coalition racing policy are:
•
$15,000 minimum Wednesday stakes
• $30,000
minimum Saturday stakes
• at least one $100,000
race per fortnight
The next priority, said party leader Brendan Horan, is for the Government to provide an exciting modern centralised venue, with multi-use grandstand, all-weather track, internal entertainment venues, and modern stabling. Te Rapa seems a logical venue given its size, ease of access, and proximity to neighbouring provinces. Development of the venue will provide jobs in construction and in ongoing operation.
Decisive action must be taken and the Racing Minister Nathan Guy needs to step up to the plate because a substantial investment is necessary to save our $1.6 billion racing industry, and the livelihoods of some 50,000 people actively involved. Most racing facilities are over 70 years old. The industry needs a complete overhaul.
The NZ Racing Board must ensure that racing is seen as the vibrant exciting sport that it is. The new Chief Executive must provide the leadership and reconnect with the industry. The Government needs to supply the money and invest to save and transform our racing industry.
The full racing policy is below
--
NZ Independent
Coalition
The NZ Independent Coalition believes in
planned pathways to prosperity. To achieve this we will work
in collaboration with other political parties, experts,
community and focus groups and the people we represent, to
achieve better legislation that will work for New
Zealanders.
www.nzindependent.org.nz
[email protected]
On
RACING
There are some 52,000 workers involved
actively in the Racing Industry on a daily basis. Despite
contributing over 1.5 billion dollars per year to our GDP,
our racing industry is in serious decline.
Many of New
Zealand’s trainers are talking about shutting up shop. Too
many trainers have left or are leaving our country and
becoming top trainers overseas. That is an export that we do
not need.
NZ Independent Coalition appreciates the urgent
need to lift stakes, centralise racetracks, cut the number
of race days, and supply tax cuts for breeders of
broodmares, especially the hobby trainer and the smaller
breeder. Currently, over one-third of broodmares, both
thoroughbred and Standardbred, have disappeared. Breeders
are finding they are getting less for their foals than the
cost of servicing, growing the foal and getting it to the
market. Virtually all in the industry agree the first
requirement to save racing is that stakes be raised to
attract owners, breeders, trainers and the general public.
NZ Independent Coalition supports legislation to;
•
Lift stakes - minimum $15,000 weekdays, $30,000
Saturdays
• Centralise racetracks.
•
Supply tax cuts for breeders of broodmares
•
Deal with the leakage of revenue to offshore Betting
Agencies
• Maintain racetracks to a safe and
reliable level
• Introduce race fields
legislation, and make the Racing Act fit for purpose
•
Return more industry taxation to the codes
•
Dramatically improve the appeal of racing to the widest
audience including the implementation of family-friendly
activities.
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