Racing Australia Annual Report 2016

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RACING AUSTRALIA ANNUAL REPORT 2016

Racing Australia Research and

Development Fund

Actual Balance of Fund June 2016

$622,874

Committed expenditure 2016-2017

($403,356)

Forecast contributions 2016-2017

$249,595

Forecast balance remaining 2016-2017 $469,113

SERVICES

Our Service Standards have mostly met expected

targets with the following throughput by the team:

• 14,712 foals and imported horses parentage verified

within 3 days;

• 1,542 horses exported with export certificates and

export passports produced in accordance with our

obligations under the International Agreement on

Breeding, Racing and Wagering;

• 1,506 horses imported, formally identified and

accepted for racing and/or breeding purposes;

• 11,613 horse names approved from 34,929 name

options submitted;

• Where all information is provided and the naming can

proceed 100% of name applications are processed

within the published 10 day turnaround of which 64%

were processed within 48 hours;

• 11.7% of applications were processed the same day

that they were received in the office as urgent to

allow the horse to either nominate or trial the same or

following day.

The final phase of the Single National System is the

roll out of the functions performed by the Registrar

and Deputy Registrars (Naming, Transfers, Leases and

Syndicates).

Extensive development and testing has been ongoing

and it is expected to be in full service in early 2017,

providing efficiency and significant improvement to the

current paper-based functions.

Photos: Courtesy of TRSA