Racing Australia Annual Report 2023

RACING AUSTRALIA ANNUAL REPORT 2023 11 Racing Australia Research and Development Fund 2022-2023 Balance ROR Research Fund 30/06/2022 $634,331 Approved project expenditure $50,000 Actual ROR Research Fund Revenue $222,998 Forecast Balance ROR Research Fund 30/06/2023 $807,329 AGRIFUTURES THOROUGHBRED HORSE PROGRAM Commencing in the 2017-18 financial year, the Research and Development Levy saw the establishment of the AgriFutures (formally RIRDC) Thoroughbred Horses Levy, supporting priority research, development and extension activities to address Thoroughbred industry challenges and opportunities. The Australian Stud Book was appointed the official Levy Collection Officer by the Australian Government and collects Statutory Levy contributions of $10 per mare return lodged by breeders and $10 per mare covered paid by the stallion owner. From 1 September 2017 to 30 June 2023, the Stud Book has collected $2,399,540 on behalf of breeders to be matched by the Federal Government on eligible Thoroughbred research. To learn more about the AgriFutures Thoroughbred Horses projects, please visit the website agrifutures.com.au MYHORSERACING PORTAL Launched in April 2019, the Online system was designed to provide a more efficient system to submit paper-based functions. Some of the features include: • Horse Registrations • Unnamed and Named Transfers & Leases • Syndicate Renewals • Jockey Silk Renewals • Retirement and Death Notifications Applications submitted via myhorseracing Year % submitted in Portal % Increase from previous year 2019/20 17.87% - 2020/21 22.55% +4.68% 2021/22 25.80% +3.25% 2022/23 27.06% +1.26% Racing Australia has been working on upgrading the Portal over the past twelve months and plan to launch V2 in the coming year which will streamline processes and applications currently available. Jacqueline Stewart Keeper of the Australian Stud Book Photo courtesy of Winx ownership group.

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