RACING AUSTRALIA ANNUAL REPORT 2024 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 • Identify and Maximise Best Practice • National Efficiency/Back Office • Recognise and reward excellence in the industry • Communicate our role • Seek to identify emerging issues including Animal Welfare and provide leadership via a common policy approach including minimum standards 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 33 Lead Auditor’s Independence Declaration 37 Statement of Profit or Loss and Other Comprehensive Income 38 Statement of Financial Position 39 Statement of Changes of Equity 40 Statement of Cash Flows 40 Notes to the Financial Statements 41 Consolidated Entity Disclosure Statement 52 Director’s Declaration 53 Independent Auditor’s Report 54
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