4 | RACING AUSTRALIA FACT BOOK 2022/23 AUSTRALIAN THOROUGHBRED RACING STRUCTURE 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 and Wagering 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 emendation of 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 Limited – The Company
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