Qld Strike Action

All sections of the Queensland industry are incensed by the Palaszczuk Government’s blatant money grab from the newly introduced point of consumption wagering tax.

Queensland introduced a point of consumption tax on October 1, taking 15 percent of wagering revenue from bookmakers and wagering operators generated from bets made by Queensland based customers.A similar POC tax will be introduced in NSW and Victoria from January 1 on much lower rates of 8-10 percent - but that is not the major issue upsetting the Queensland industry.

The key Queensland thoroughbred racing bodies are incensed that virtually none of the 15 percent take from the new tax will be returned to racing, unlike the NSW and Victorian models where the bulk of the money raised will go to the industry.

I'd love to hear the qld governments take on this - grossly unfair money grab at a time when qld racing really need some help