Racing NSW email blunder exposes financial status of high-profile horse trainers
If the letter asked individual trainers to provide bank declarations and other financial documents if their revenues are “negligible or zero, and if they showed a financial loss or low income, the trainers operating through a company to publish NSW with the supportive evidence of payment power.
Race NSW Operation Officer Graeme Hinton, E -Posta receivers in the failure to copy the office error, but we do not believe that anyone’s privacy is violated, “he said.
Race horses at Royal Randwick.Credit: Jenny Evans
“E -mail was clarified that more information was needed and that he did not advise any final determination or judiciary,” he said.
“We want trainers to show much larger financial resources as part of the licensing process, because animal welfare is our greatest priority. This is to ensure that horses are provided by proper nutrition and feed and if they suffer, it is to access a vet to a significant extent.”
Hinton said it is important to pay the instructor staff appropriately and to make their pension contributions.
“Unfortunately, some trainers do not have financial resources to meet these very serious obligations,” he said.
There was resistance to members who had to transfer personal financial information from the NSW Trainers Association or take the risk of losing their licenses.
The fact that the trainers could meet their responsibilities and further examination proposed less invasive tools to apply only to those with history of financial problems.
However, Racing NSW insisted on a legal declaration confirming the financial health of an educator as well as the opening of tax assessments and company financials.
Richard Freedman, based in Rosehill, said, “I don’t think none of the instructors enjoy it, but it seems like there’s no other way,” he said.
“If you want to protect your license, you should send it.”
Freedman was not a buyer of the mass E -mail on Wednesday.
Racing NSW said later that the trainers who received it later provided the necessary information and approved their applications.
As of the first date of July 31, a two -week extension was given.
Cummings, who followed his legendary father until the racing game, the training company last year to the Australian tax office for $ 1.3 million and $ 155.128 due to employees;
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The financial problems forced the famous Leilani Lodge stables in Randwick, where the Cummings family occupied for about half a century.
The race NSW’s forcing trainers to control the financial welfare comes because the former Minns government’s former NSW Health Minister Brad Hazzard appoints almost three -year legislation to the industrial regulator and commercial operator to review almost three -year legislation.
The study was followed last year’s Rosehill investigation and was established to determine whether the conditions of the Purebred Racing Law are suitable to enable the integrity of the purebred races in NSW and the proper regulation of the races and the development and sustainability of the industry ”.
According to the reference conditions of the investigation, NSW will not rethink the independence of the government or the industry’s financing model, from the financing model of $ 315 million, which he flowed to the buzz in 2023-24.
Last year, one top house parliamentary committee NSW racing increased concerns about “illegal activity and other behavior allegations” and proposed a separate investigation into the organization.
The race rejected the NSW General Manager Peter V’landys as a fundamental and a smear and motivated the committee’s decision politically.