Racing Minister to hold NSW’s purse strings?

April 17, 2015 Comments Off

By Bruce Teague

IN AN unusual turn, NSW Racing Minister Troy Grant seems to be adopting a new approach to managing the racing industry.

The Minister’s statements reported by Fairfax (April 15) suggest that the government is certain to ease the tax burden on NSW racing to bring it more into line with rates in Queensland and Victoria. A decision in principle seems to have been made with the details to follow when the new state budget is announced.

But there are provisos. The government will not give the cash directly to the racing codes but instead favours a system whereby it keeps control and Read full article

Source:: http://www.australianracinggreyhound.com/australian-greyhound-racing/administration/racing-minister-to-hold-nsws-purse-strings/64153

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