Skip to main content

Posts

Showing posts with the label turnover tax

as the dust starts to settle

The panic and hyperbole after the Federal Court overturned the NSW racefields legislation case in favour of Racing NSW has been ridiculous. Trainers threatening to move states (from the richest state of racing in Australia to one which has been a basket case for many years, but might just get its hands on a huge wad of cash to piss up against a wall), owners' associations calling for the heads of Racing Victoria for carrying out sound business practice called negotiation rather than wasting years and millions of dollars in court and various Tabcorp press releases handed to their mouthpiece newspapers, particularly the Daily Telegraph, spouting all sorts of crap regarding product fees applying to other sports . Tabcorp, the bed partner of Racing NSW, which somehow manages to cop an exemption from paying the local racefields fees (due to the fees it pays to the government and racing industry under the terms of the privatisation), outrageously also gets exemptions from paying a produc...

RacingNSW not prepared to fight in court?

Rather puzzling response from RacingNSW in the legal case against Betfair re race fields levy and turnover tax. Having been served with a writ over two months ago, they have yet to prepare a defence, and the NSW Federal Court has ordered them to get a move on! Read Bill Saunders' latest article about Racing NSW wasting more punters' money in court. Will they ever learn?