Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Obscene handout to race winners

May 20, 2008

Obscene handout to race winners

A $9 million handout to wealthy race horse owners is a disgrace says the Problem Gambling Foundation.

CEO John Stansfield says it is obscene that the racing industry that already receives $1.8 million a month in pokie funding and generous tax concessions is getting even more taxpayer money in this week's budget.

Two years ago the racing industry was given duty relief of $32 million. About $18 went towards increasing stakes.

"A week or so ago the Child Poverty Action Group published a damning report on child poverty in New Zealand," Mr Stansfield says.

"Every school in the country is crying out for more funding.

"The list of things this money could be spent on goes on and on."

Mr Stansfield says that a couple of weeks ago a spokesperson for NZ Thoroughbred Racing was reported as saying his organisation received enough money from the TAB to run successful race meetings.

"We have NZTR saying they don't even need the pokie money they get, let alone a huge handout of taxpayer money on top of that.

"This is an extraordinary way for government funding to work.

"I suspect it is about who you know, and what favours you owe, not what your need is."

The racing industry is celebrating its new capacity to fund more $1 million stakes races but Mr Stansfield says there appears to be little evidence that increasing the number of high stake races was bringing any real benefit to racing or the country as a whole.

"You won't see the small racing clubs that are struggling benefiting from this money. It will end up in the hands of an elite group who already have more money than they know what to do with.

"The minute this handout is cemented in the champagne crowd who are rich enough to have horses in this sort of race will just start demanding $2million stakes paid for by the taxpayer.

"You can be sure they will never be happy no matter how much we give them.

"Meanwhile manufacturers struggle to keep people in employment and ordinary Kiwis battle to meet soaring food and petrol prices."


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election