With the outcomes of the Queensland racing review imminent, there is growing confidence that a reduction of the state’s Point Of Consumption Tax rate may be on the cards. Bren O’Brien investigates what it could mean for the funding of racing in the state.
Analysis: Matthew McGrath’s long-awaited review into racing in Queensland is expected to be made public within weeks. Compiled on the behest of Racing Minister Tim Mander, it is set to provide a major shake-up into the way racing is run and funded in the Sunshine State.
In terms of racing reviews, it has progressed with relative speed compared to those conducted interstate. It is less than a year since Premier David Crisafulli came to power and just over six months since former Australian Turf Club chair McGrath was appointed to lead the review by Mander.
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