4 RACING AUSTRALIA ANNUAL REPORT 2023 ABOUT RACING AUSTRALIA Racing Australia Limited – The Company Racing Australia (RA) is the national body comprising Australia’s eight State and Territory Principal Racing Authorities (PRAs) which regulate the Thoroughbred racing and breeding industry. • Racing New South Wales • Racing Victoria • Racing Queensland • Racing South Australia • Racing Western Australia • Tasracing • Thoroughbred Racing Northern Territory • Canberra Racing Club The Thoroughbred industry is one of the iconic industries of the nation with a long and proud history of achievement. As an industry, our economic contribution is around $9.5 billion with 51 per cent (or $4.8 billion) of economic activity generated in regional Australia. We provide jobs for approximately 75,000 Australians and nearly 160,000 participate in the Thoroughbred racing industry as a participant, employee or volunteer – 63 per cent of whom reside in regional areas. This includes 21,425 volunteers who assist and support racing clubs and participants. No industry or sport covers the breadth of our nation like Thoroughbred Racing. Racing Australia Limited represents the business operations for: I. The Australian Rules of Racing II. The Australian Stud Book III. The Equine Genetics Research Centre The primary functions that Racing Australia performs are based on the encouragement and promotion of horse races, which includes but is not limited to the following activities: a. conducting national consolidated Racing Materials and information services business to service the Australian horse racing industry and other users of horse Racing Materials, including: 1. a consolidated national uniform and standard system for the collection, processing, storage, dissemination and protection of Racing Materials; 2. establishing and maintaining participation in such a consolidated national uniform and standard Racing Materials system by the Principal Racing Authorities and all others integral to the successful conduct of such system; and 3. developing procedures to maximise the integrity, and minimise duplication and data cleansing costs, with respect to all Racing Materials collected, processed and disseminated in the conduct of such a system; b. adopting, administering and altering the Australian Rules of Racing and the Rules of the Australian Stud Book; c. ensuring the integrity of Thoroughbred breeding in Australia by maintaining the officially published records of Thoroughbred bloodlines in Australia in the form of the Australian Stud Book complemented by the Australian Rules of Racing; d. maintaining information regarding the ownership and identity of Thoroughbred racehorses for racing in Australia and for export including by acting as the Registrar of Racehorses complemented by the Australian Rules of Racing; e. the allocation of surplus funds by way of grants, subventions, subsidies or other financial assistance to the Principal Racing Authorities in accordance with the principles of allocation set out in the Constitution for the purposes of encouraging and promoting horse racing in each of the states and territories of Australia under the control of the Principal Racing Authorities. • Racing Australia regulates the Australian Thoroughbred Breeding and Racing Industry by the administration and emendation of the Australian Rules of Racing and the Rules of the Australian Stud Book in adherence to world’s best practice standards of integrity and animal welfare. • Racing Australia provides services to the Thoroughbred Industry and the broader Australia Horse Community via the Equine Genetics Research Centre that has three main pillars: genetic testing, integrity services, and research and development. • Racing Australia is a Software and Service company building and hosting in a private cloud the Single National System for the Australian Thoroughbred Racing Industry. Every core transaction of the industry on a national basis is now powered by the Single National System. • Racing Australia is a Bureau Services company delivering over the top of the Single National System a diverse range of services which fully manage the processing and management of industry functions. • Racing Australia is a content management and licensing company via the compilation of content, provision of systems to manage the content and the Copyright Licensing and Supply of Racing and Breeding Materials content. Racing Australia Operations
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