Racing Australia Annual Report 2018

RACING AUSTRALIA ANNUAL REPORT 2018 | 15 RETIREMENT OF RACEHORSES THOROUGHBRED RACING’S ECONOMIC CONTRIBUTION Contributes $9,153.2million to the economy Pays $800million in State and Federal taxes Supports 71,937 jobs – more than 50% in regional Australia Generates $6,294.3 million in direct expenditure TAXES GENERATED BY THOROUGHBRED RACING IN AUSTRALIA State Governments $530.2 million Federal Government $269.9 million Equestrian 64% Breeding purposes 23% Euthanised 6% Died natural 4% Sent to livestock sale 1% Other 1% Retired blank <1% Abattoir <1%