Queensland launches comprehensive review into state's racing industry
Queensland government has launched an extensive review into the state’s racing industry—the first of its kind in over 25 years. This landmark review, initiated by the Crisafulli Government, invites industry stakeholders to voice their concerns and contribute to shaping the future of thoroughbred, harness, and greyhound racing in the state. The goal of this review is to ensure the long-term sustainability of this multi-billion-dollar sector in the state.
Minister for Sport and Racing, Tim Mander, highlighted the pivotal role in sustaining the state’s racing sector, which contributes over AU$2.4 billion ($2.6 billion) annually to the economy and employs around 16,000 Queenslanders. He said, “We committed to a review into all aspects of racing, and this discussion paper is the first step.
“The racing industry is a major contributor to the state’s economy, an important employer for many hard-working Queenslanders and is at the heart of communities right across Queensland.”
The review aims to enhance the integrity of racing operations, modernise infrastructure, and support rural communities that heavily rely on country racing events. The discussion paper will remain open for input until 30 March 2025.
What will be discussed?
At the helm of this review is Matthew McGrath, who has been appointed the chair. McGrath is the former Chairman of the Australian Turf Club and a current board member of the Cronulla Sharks. He will lead this review and oversee the evaluation of the social, financial, and employment impacts of the racing industry. Stakeholders will also be discussing how the racing industry can further prioritise the lifelong care and welfare of racing animals.
Stakeholders will be identifying issues and propose solutions to challenges related to infrastructure within their racing code or region. They will also be evaluating the effectiveness of the relationship between Racing Queensland and the Queensland Racing Integrity Commission, with a focus on identifying key integrity challenges in the industry and exploring probable solutions.
Another key focus would be to come up with cost-effective solutions of compliance for clubs and individuals, along with suggestions for alleviating these financial burdens. Exploring broadcast and digital media opportunity to enhance national and international presence of the Queensland racing industry is also on the agenda.
One area of concern raised by Responsible Wagering Australia (RWA) is excessive taxation. Kai Cantwell, CEO of RWA, warned that high tax rates—particularly the increased Point of Consumption Tax (POCT) implemented in 2022—could have negative consequences on the industry. A balanced approach to taxation is necessary to sustain wagering revenues while continuing to support the racing sector.
