Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Trainers Fear for NZ Racing Industry future

Trainers Fear for NZ Racing Industry future

The New Zealand Racing Industry needs urgent attention if it’s to remain competitive according to National’s acting racing spokesman Paul Hutchison.

“When trainers and owners in the Melbourne Cup talk of relocating to Australia, we should be extremely worried,” says Dr Hutchison.

“Victory Smile trainer Donna Logan, says she can barely afford to keep her stable running on this side of the Tasman.

“The horse has been winning big money in Australia, at least $500,000 in two wins - and now she’s being asked to set up there.

“With comments like that, we should be very concerned.

“New Zealand horses have a long proud history in the Melbourne Cup, 31 of the great race’s last 50 winners were Kiwi-bred and we need to make sure that continues

National backs changes to the tax laws so that racing’s on an even keel with other forms of gambling.

“Racing Duty is payable at the rate of 20% of the betting profits, whereas casinos and lotteries pay 4% and 5.5% respectively,” says Dr Hutchison.

“Our racing industry’s sliding down hill while this Government makes it more difficult, with high company taxes and onerous OSH laws.

“At Melbourne Cups of the future, New Zealand may struggle to compete if the current trend is not reversed,” says Dr Hutchison.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news