A Classic Yearling Sale that pre-auction doomsayers were declaring was in for a rapid decline today concluded with increases in many key fiscal metrics as Inglis’ live sales season began on a high.
The Hunter Thoroughbred Breeders today welcomed the decision of the NSW Planning Assessment Commission that the economic benefits of the Drayton South project do not outweigh the potential demise of the Hunter Valley’s equine industry and that the project is not in the public interest.
There have been suggestions that an Australia-wide industry tax of five per cent be placed on stallion fees. Graeme Kelly sourced industry opinion on this subject.
A newly formed alliance of racing industry participants has stepped up the fight for a better deal from wagering operators with detailed submissions to the Productivity Commission enquiry in Gambling.