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Tasbreeders bonus scheme

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    Posted: 15 Dec 2017 at 10:25am
After a lot of hard work some fantastic news for the industry in Tasmania. 

14 December 2017 

Jeremy Rockliff, Minister for Racing

Summer carnival kicks off with $350k boost

The 2018 Tasmanian Summer Racing Carnival will kick off with a major boost, as the Hodgman Liberal Government strengthens the industry with a $350,000 grant towards a breeding program in 2018/19, to promote local racing industry growth.

These grants will help boost prize money to the owners of winning, locally bred horses and will be an important addition to existing breeding schemes.

This is as much a primary industry announcement as a racing one and is an important step forward for the industry and our racing election policy will include that a re-elected Hodgman Government will commit to funding the grants program for a further five years.

Tasmanian horses feature prominently in the summer racing carnival each year – with nearly 78 per cent or $2.4 million of the stakes won by local horses in 2017 – and we expect to see this continue.

We recognise the hard work of Tasracing and the carnival’s host racing clubs - the Devonport Racing Club, the Tasmanian Turf Club and the Tasmanian Racing Club, who always deliver an excellent program of events and entertainment.

With nine race days across the State, the carnival kicks off on January 10 with the 100th Devonport Cup – a major milestone for racing in the North West.

The $100,000 Cups Double Bonus will again be offered for any horse that can win both the Hobart Cup and the Launceston Cup.

Following the Devonport Cup, four carnival race days have been scheduled for Hobart, including the Hobart Cup on February 11, and another four in Launceston, with the Launceston Cup on February 28 - culminating in the new Sky Racing Australian Female Jockey Championships.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote slowdown Quote  Post ReplyReply Direct Link To This Post Posted: 15 Dec 2017 at 10:35am

It was a pleasure to launch the 2018 Tasmanian Summer Racing Carnival today.
The carnival has kicked off with a major boost, as I was pleased to announce the Hodgman Liberal Government is strengthening the racing industry with a $350,000 grant towards a thoroughbred and harness breeding program in 2018/19.

This is as much a primary industry announcement as a racing one and is an important step forward for the industry and our racing election policy will include that a re-elected Hodgman Government will commit to funding the grants program for a further five years.

These grants will help boost prize money to the owners of winning, locally bred horses and will be an important addition to existing breeding schemes.

The 2018 carnival begins with the 100th Devonport Cup on January 10 – a major milestone for racing in the North West.
Tasracing and the carnival’s host racing clubs - the Devonport Racing Club, the Tasmanian Turf Club and the Tasmanian Racing Club, always deliver an excellent program of events and entertainment, and I encourage everyone to get along to a race day over the exciting summer carnival period.

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Sh'Bourne Star - racingSh'Bourne Dynasty - 2 weeks into next prep .sh'Bourne riverman- 2 months off with hoof bruising sh'bourne rebel - shinny. sh'bourne Attila - spelling after breaking.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rem286 Quote  Post ReplyReply Direct Link To This Post Posted: 15 Dec 2017 at 7:43pm
Im hoping Mister Songman can feature in the carnival.  Good to see the Apple Isle get a nice injection of funding.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote slowdown Quote  Post ReplyReply Direct Link To This Post Posted: 16 Dec 2017 at 12:18pm
should go well Rem. yes great news re funding. the breakdown should follow in the new year. it should bring many back to the game down here from the numbers i am hearing....
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Post Options Post Options   Thanks (1) Thanks(1)   Quote slowdown Quote  Post ReplyReply Direct Link To This Post Posted: 31 Jan 2018 at 1:17pm
TASBRED BONUS SCHEME ANNOUNCED TODAY

Jobs Boost for Tasmanian Thoroughbred Industry
Media Release - Wednesday January 31
 Local breeders and Tasracing have worked with the Liberal government to develop bonuses for racehorses that are born and raised in Tasmania, with the aim that these incentives will stimulate investment in the state's breeding industry. 

A series of 72 races across the state will carry bonuses of $20,000 if the winning horse is locally born or raised and has been registered for the new TasBred Incentive Scheme. 

"If we can get more people breeding horses or buying our horses and racing them in the state we are going to create scores of jobs, whether on stud farms, with trainers and all the other areas such as feed, veterinary care and transport that you need with these horses," said Jenny Watson, president of TasBreeders. 

"We believe we have a great industry in Tasmania but we are facing stiff competition from across the country and this is a way of encouraging people to buy our product," she added. 

In the past 10 years the number of Thoroughbred foals born in Tasmania has declined by almost 50 per cent: from 479 in 2006 to 240 in 2016 (the most recent year for which full figures are available). 

Similarly, the number of broodmares in the state has also dropped from 920 to 501 in that time. 

Tassie bred G1 winner Palentino

Tassie bred G1 winner Palentino

Despite the relatively small numbers, Tasmanian horses are renowned across Australia for their toughness, with gallopers such as The Cleaner, Caulfield Cup hero Mongolian Khan, and multiple Group 1 winner Palentino all starting life on the Apple Isle.

"We've got a fabulous history in the state of producing great horses, right back to Malua which won the Melbourne Cup and a host of good races in the 1880s, through to the likes of The Cleaner and Palentino that have proved themselves with the best in Australia in the last few years," said David Whishaw of Armidale Stud in the Meander Valley outside Launceston. 

"But our breeding industry has been contracting and we need to do something to stop that trend or else the jobs that remain will be in jeopardy," he added. "We believe this scheme will help encourage investment and lead to more jobs being created."

Industry modeling shows that by the time a Tasmanian bred and raised racehorse reaches two years'-old it has generated some $34,000 in investment. 

The TasBred scheme aims to increase the number of broodmares in the state by 230 in the next six years, with the expected increase in foals of 115 each year. 

This will generate nearly $8 million extra in economic activity in the breeding sector, with an expected 20 more full time jobs in that industry alone. A similar increase in jobs in training the horses for racing and associated areas is also expected. 

The Liberal government has committed an initial $300,000 towards funding the launch of the TasBred scheme, with a promise of a further $300,000 per year for 5 years if reelected to Government. 

The breeders of Tasmanian produced racehorses will also contribute to the program by registering their horses to be eligible for the $20,000 bonuses: registration costs $440 if the horse is sired by a local stallion, rising to $1320 if it was conceived on the mainland but reared in Tasmania. 

"The Hodgman Liberal Government is pleased to support our thoroughbred breeding industry with a $300,000 commitment in 2018/19. This is as much a primary industry initiative as a racing one and is an important step forward for the industry," said Primary Industries and Racing Minister, Jeremy Rockliff. 

"This grant is a good incentive for local trainers and will help boost prizemoney to the owners of winning, locally bred horses, and will be an important addition to existing breeding schemes." 

Mrs Watson explained the bonus scheme makes ownership in Tasmania competitive with the major racing jurisdictions on the mainland. 

"If you own a locally bred racehorse and you win one of the bonus races you will receive more than $30,000 in prizemoney and bonuses which is a real incentive given it costs much less than that to keep a racehorse for a year in Tasmania," she said. "In fact, with bonuses our races are now worth more than most races in Victoria." 

It is hoped the announcement of the new incentive scheme will have an immediate impact at the Magic Millions Tasmanian Yearling Sale on February 15, the auction where most local breeders sell their stock. 

TasRacing chief executive Vaughn Lynch said the new scheme was vital to ensuring the ongoing viability of the breeding industry. He said: "Providing incentives for the breeding industry in the state is important to ensure the local breeding industry can continue to be the major supplier of racing stock."
Sh'Bourne Star - racingSh'Bourne Dynasty - 2 weeks into next prep .sh'Bourne riverman- 2 months off with hoof bruising sh'bourne rebel - shinny. sh'bourne Attila - spelling after breaking.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote mc41 Quote  Post ReplyReply Direct Link To This Post Posted: 03 Feb 2018 at 9:04am
Very interesting show on ABC this am regarding breeding and racing stats including an interview with the above very articulate. Great listening.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote slowdown Quote  Post ReplyReply Direct Link To This Post Posted: 04 Feb 2018 at 10:14am
didnt catch it MC41. Wondering if it will be on iview ?

its important to note that for Victorian trainers thinking of buying a Tasbred paid up horse they can race in the SuperVobis races and receive the equivalent prizemoney to the Supervobis Scheme.
should be appealing to some Victorian Trainers.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gay3 Quote  Post ReplyReply Direct Link To This Post Posted: 04 Feb 2018 at 10:44am
Originally posted by mc41 mc41 wrote:

Very interesting show on ABC this am regarding breeding and racing stats including an interview with the above very articulate. Great listening.


Was it Offsiders at 10 am or Weekend Breakfast?
Experience is something you gain a few minutes after you could have used it!
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Carioca Quote  Post ReplyReply Direct Link To This Post Posted: 04 Feb 2018 at 10:50am
Originally posted by Gay3 Gay3 wrote:

Originally posted by mc41 mc41 wrote:

Very interesting show on ABC this am regarding breeding and racing stats including an interview with the above very articulate. Great listening.


Was it Offsiders at 10 am or <span ="tvshow">Weekend Breakfast?</span>

Hoof on the till Gay3, ABC , it would be there to listen fwiw.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote mc41 Quote  Post ReplyReply Direct Link To This Post Posted: 04 Feb 2018 at 4:18pm
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