❓ The Minister outlines various financial assistance measures provided to the racing industry in the Great Southern region, including tax rebates, grants, and the establishment of Racing and Wagering Western Australia to support the industry's long-term viability.
AnsweredQoN 375Legislative Assembly
Asked
15 October 2002
Member
Portfolio
Racing and Gaming; Government Enterprises; Goldfields-Esperance
QuestionView source ↗
Will the Minister advise if there are any steps in place to assist the racing industry in the Great Southern?
AnswerView source ↗
Answered
23 October 2002
Responded by
Minister representing the Minister for Racing and Gaming; Government Enterprises; Goldfields-Esperance
Response time
8 days
To the end of July 2002 this tax rebate has resulted in additional funding to the racing industry of $6.5 million. Country thoroughbred and harness racing clubs have received a total of $1.4 million and will benefit by a further $1 million in the current year. Clubs located in the Great Southern Region have shared, and will continue to share, in this additional benefit. This commitment from the current Labor Government is on top of the tax concessions implemented by the previous Labor Government in 1992 when TAB turnover tax was reduced from 6.0 per cent to 5.0 per cent; oncourse totalisator duty was abolished; and the Government's 50 per cent share of bookmakers' betting tax redirected to the racing clubs. This provided country clubs with increased TAB profit distributions and a tax-free oncourse betting environment. The total value of these Labor Government initiatives is now around $17 million per year, and thoroughbred and harness racing clubs in the Great Southern Region benefit from a considerable share of this assistance. The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
This commitment from the current Labor Government is on top of the tax concessions implemented by the previous Labor Government in 1992 when TAB turnover tax was reduced from 6.0 per cent to 5.0 per cent; oncourse totalisator duty was abolished; and the Government's 50 per cent share of bookmakers' betting tax redirected to the racing clubs. This provided country clubs with increased TAB profit distributions and a tax-free oncourse betting environment. The total value of these Labor Government initiatives is now around $17 million per year, and thoroughbred and harness racing clubs in the Great Southern Region benefit from a considerable share of this assistance. The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
The total value of these Labor Government initiatives is now around $17 million per year, and thoroughbred and harness racing clubs in the Great Southern Region benefit from a considerable share of this assistance. The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
This commitment from the current Labor Government is on top of the tax concessions implemented by the previous Labor Government in 1992 when TAB turnover tax was reduced from 6.0 per cent to 5.0 per cent; oncourse totalisator duty was abolished; and the Government's 50 per cent share of bookmakers' betting tax redirected to the racing clubs. This provided country clubs with increased TAB profit distributions and a tax-free oncourse betting environment. The total value of these Labor Government initiatives is now around $17 million per year, and thoroughbred and harness racing clubs in the Great Southern Region benefit from a considerable share of this assistance. The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
The total value of these Labor Government initiatives is now around $17 million per year, and thoroughbred and harness racing clubs in the Great Southern Region benefit from a considerable share of this assistance. The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
The Racecourse Development Trust also actively supports clubs the Great Southern Region with assistance in the form of grants totalling $70,000 in 2001/02, and further amounts, totalling $100,000, provided or promised so far this year. In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
In May 2002, the Government announced its intention to reform the Western Australian racing industry governance structure by establishing a single controlling authority for all three racing codes. This authority, to be known as Racing and Wagering Western Australia, will not only assume the principal club functions of the WA Turf Club, the WA Trotting Association and the WA Greyhound Racing Association, but will also absorb the Western Australian TAB, thereby enabling a cohesive approach to the strategic development of the racing industry across Western Australia. In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
In relation to country racing generally, Racing and Wagering Western Australia will have, as one of its statutory functions, a responsibility to: Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
Foster the development, promote the welfare and ensure the integrity of metropolitan and country thoroughbred, harness and greyhound racing, in the interests of the long term viability of the racing industry in Western Australia.
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