Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Racing industry holds forum in Wellington

16 December 2008

Media Statement

Racing industry holds important forum in Wellington

About 40 prominent players in the New Zealand racing industry met in Wellington today to discuss ways to address several key issues facing the industry.

The Chairs and Chief Executives of New Zealand Thoroughbred Racing, Harness Racing New Zealand and New Zealand Greyhound Racing and the Board Members of the New Zealand Racing Board organised the forum and invited a cross-section of the racing industry to take part.

New Zealand Racing Board Chairman Michael Stiassny said the racing industry was facing some big issues going forward.

“To address these issues, it is important that we have a one-industry view as to what is required and how we will go about achieving it.  A co-ordinated approach is critical if we are going to gain any traction,” he said.

Mr Stiassny said the forum focused on setting the agenda for the racing industry for the next three years.

Assuming prevailing conditions hold for the rest of the Season, the New Zealand Racing Board is looking at a shortfall on its forecast distribution to Codes and Clubs, he said.

Mr Stiassny said the forum was positive and all parties had agreed it was important for the industry to have a unified approach in times of such challenge.


“We need to work together in agreeing the right sustainable model for the industry’s future prosperity,” he said.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: