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The latest news from The Straight.
A taxing process - Racing NSW demands proof of financial viability from trainers
Racing NSW will require trainers to provide up-to-date Australian Tax Office Notice Of Assessments and sign a statutory declaration to say they can meet their financial obligations under new licensing rules.
Straight Shorts - Wednesday May 7 - ATC slammed for 'gimmick' move, double delight for Wootton Bassett, Sisstainable on target for Millions, wagering woes in US
In today's Straight Shorts, the Save Rosehill group has taken a swipe at the Australian Turf Club's revised proposal for the sale of the racetrack, a double for Wootton Bassett, blueblood filly Sisstainable breaks through, US wagering on a 2025 slide and Sword Of State's little sister on the board.
Comment: The one thing racing must fix to secure its future
Plenty of initiatives are proposed to boost the sport of horse racing. None of them, not one, will secure racing’s financial future unless we address the only thing that truly sustains the industry: wagering turnover.
Racing’s data and demographic challenge
One of the key arguments made by the Australian Turf Club in its pitch to members to sell Rosehill is that racing’s popularity is on the decline. But the varying data on this crucial point reveals a much broader challenge for the racing industry.
Bella Nipotina or Amelia’s Jewel to rule Chairman’s Sale
Racetrack stars Bella Nipotina and Amelia's Jewel will be the headline attractions during the Inglis' Chairman's Sale in Sydney on Thursday.
ATC's $57 million carrot for members to support Rosehill sale
ATC members will receive free membership for five years and up to $1000 a year to spend at the races as part of a huge incentive push for the Australian Turf Club to secure the approval of the sale of Rosehill racecourse.
Pardi time as ‘sophisticated investors’ pounce on top-priced foal
Records continued to tumble on the closing day of the Inglis Australian Weanling Sale with a Too Darn Hot colt selling for $775,000.