RACING AUSTRALIA ANNUAL REPORT 2025 1 CONTENTS VISION • To be Australia’s favourite sport • To conduct the world’s best races • To be the world’s leading Thoroughbred Racing Industry CORE FUNCTIONS • National Rules • National Integrity • National and International Advocacy • National Coordination • National Research and Analysis • International Representation • National Black Type Management • Identify and Maximise Best Practice • National Efficiency/Back Office • Recognise and reward excellence in the industry • Communicate our role • Identify emerging issues including Animal Welfare and provide leadership via a common policy approach CORE OBJECTIVE • Leverage existing assets further and identify new commercial opportunities Board of Directors 2 About Racing Australia 4 Our Shareholders 5 Chief Executive Officer’s Report 6 Owner and Breeder Services Report 12 Equine Genetics Research Centre Report 14 Welfare And Traceability Report 16 Service Standard Performance Report 18 Racing Australia Events 24 Financial Report Directors’ Report 29 Lead Auditor’s Independence Declaration 33 Statement of Profit or Loss and Other Comprehensive Income 34 Statement of Financial Position 35 Statement of Changes of Equity 36 Statement of Cash Flows 36 Notes to the Financial Statements 37 Director’s Declaration 48 Independent Auditor’s Report 49
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