Hon N.D. Griffiths raises concerns about the GST's impact on the racing industry. Hon N.F. Moore acknowledges the concerns but states the issue will be addressed in an upcoming review, rather than through direct intervention with the Federal Government.

AnsweredQoN 275Legislative Council
Asked
10 October 2000
Portfolio
Racing and Gaming

QuestionView source ↗

(1) Is the minister aware of concerns in the racing industry about the effect of the goods and services tax? (2) Is the minister aware of the effect of the tax on owners and trainers? (3) Has the minister raised the issue with the Federal Government; and if so, what is the Federal Government's response? Hon N.F. MOORE

AnswerView source ↗

(1)-(2) Yes. (3) No. However, the impact of the GST on the racing industry will be a significant part of the review into the racing industry I announced recently. That will be considered along with all other financial implications of tax changes and funding of the racing industry through the Totalisator Agency Board. All aspects will be considered by the review, which is more appropriate than making ad hoc changes along the way. That matter will be thoroughly investigated by the announced review.
(2) Is the minister aware of the effect of the tax on owners and trainers? (3) Has the minister raised the issue with the Federal Government; and if so, what is the Federal Government's response? Hon N.F. MOORE replied: (1)-(2) Yes. (3) No. However, the impact of the GST on the racing industry will be a significant part of the review into the racing industry I announced recently. That will be considered along with all other financial implications of tax changes and funding of the racing industry through the Totalisator Agency Board. All aspects will be considered by the review, which is more appropriate than making ad hoc changes along the way. That matter will be thoroughly investigated by the announced review.
(3) Has the minister raised the issue with the Federal Government; and if so, what is the Federal Government's response? Hon N.F. MOORE replied: (1)-(2) Yes. (3) No. However, the impact of the GST on the racing industry will be a significant part of the review into the racing industry I announced recently. That will be considered along with all other financial implications of tax changes and funding of the racing industry through the Totalisator Agency Board. All aspects will be considered by the review, which is more appropriate than making ad hoc changes along the way. That matter will be thoroughly investigated by the announced review.
Hon N.F. MOORE replied: (1)-(2) Yes. (3) No. However, the impact of the GST on the racing industry will be a significant part of the review into the racing industry I announced recently. That will be considered along with all other financial implications of tax changes and funding of the racing industry through the Totalisator Agency Board. All aspects will be considered by the review, which is more appropriate than making ad hoc changes along the way. That matter will be thoroughly investigated by the announced review.
(1)-(2) Yes. (3) No. However, the impact of the GST on the racing industry will be a significant part of the review into the racing industry I announced recently. That will be considered along with all other financial implications of tax changes and funding of the racing industry through the Totalisator Agency Board. All aspects will be considered by the review, which is more appropriate than making ad hoc changes along the way. That matter will be thoroughly investigated by the announced review.
(3) No. However, the impact of the GST on the racing industry will be a significant part of the review into the racing industry I announced recently. That will be considered along with all other financial implications of tax changes and funding of the racing industry through the Totalisator Agency Board. All aspects will be considered by the review, which is more appropriate than making ad hoc changes along the way. That matter will be thoroughly investigated by the announced review.

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