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Everything posted by Chief Stipe
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Do you seriously think there will be any big social events this side of Christmas? I envisage a controlled return to racing along the lines of what is happening currently in OZ. If you look at the subsidies so far I'm amazed at the number of people these clubs have supposedly working more than 20 hours a week. Take the CRC for example. 32 people working 20 plus hours a week is 640 hours of effort per week. Seems a lot to me. These clubs need to get back to their reason for being FIRST. Otherwise they join the great unwashed hospitality business.
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BTW I have no problem with stables applying for the subsidy as they have horses to look after and even if they are all in the paddock we need them up and galloping BEFORE bar staff. Although I'd kill for a jug of beer and a bit of a yarn with my mates.
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None of these clubs or industry organisations seem to have laid anyone off. Why is it different for them in hospitality (seems where most of them are employed) than anyone else in the same business?
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9 April 2020 The TAB has announced today that the radio simulcast broadcast of Trackside TV on the AM and FM frequencies will be suspended from midnight 00:00 Sunday 12 April until further notice. The simulcast will continue on Trackside Radio on the TAB website, TAB app and via the Rova app. The decision to suspend the broadcast reflects the reality of no New Zealand racing being available due to the impact of COVID-19 and is aligned with efforts to reduce non-critical costs throughout the business. A lifting of suspension of this service on the radio frequencies will be reviewed once the resumption of New Zealand racing is confirmed. The TAB recognises the suspension of the simulcast broadcast of Trackside TV will impact some customers and apologise for any inconvenience caused.
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Hi The PM Issue was caused by a data corruption. I've fixed it but in doing so some messages ended up in the wrong message box. Only affects about 3 or 4 messages. I'll try and fix it but have a list of things to do. So JJ and HTP settle. There won't be any problems with new PM's going forward.
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That's nearly $7,000 per employee. Air NZ laying off thousands. How many has RITA laid off?
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32 employees!? $6,500 per employee. Are you on the payroll Freda?
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Who are the studs? (I didn't apply ?)
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Richardson Racing Stables is another.
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What surprises me is I would've thought that given the strife the industry is in that most racing companies would have been quick off the mark. I don't entirely agree with the subsidy. If companies are so close to the wall that they can't survive a month or 6 weeks then you have to wonder about their long term viability anyway. Plus there are some companies that are getting it that have a seasonal downtime anyway in terms of income. I bet there are rorts going on all over the place. How many privately owned companies have their kids on the "payroll"?
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Some stables are there. Kingsclere (Roger James) is one.
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It is interesting to see who in racing were quick off the mark and those that either haven't applied yet or are still being processed perhaps.
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The RIU is a company that employs 33 full time and 85 part time staff. As yet they don't seem to have applied for and received the Covid-19 wage subsidy. So who's paying? https://services.workandincome.govt.nz/eps/search
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Tabcorp announces job cuts to stock exchange The COVID-19 outbreak has begun to bite at Tabcorp with the wagering giant announcing the standing down of more than 700 employees until the end of the financial year. Tabcorp provided a statement to the Australian stock exchange advising of the job cuts, which it says is a measure to protect jobs long term. Tabcorp is also exploring whether it is eligible for Federal Government assistance under the Job Keeper Wage Subsidy initiative. The organisation’s remaining employees will take at least one day of leave a week while Tabcorp chief executive David Attenborough will take a 20 percent pay cut until June 30. Tabcorp’s chairman and non-executive directors have taken a 10 percent reduction in fees while the business has shed 160 technology contractors. The company has suspended collection of fees owed by pubs and clubs for Sky Racing, TAB and Keno contracts among other measures. Tabcorp has also moved to shore up cashflow by delaying payment of some payroll, Keno and lotteries taxes relating to the next six months, which amount to about $40 million per month. “This continues to be a very challenging time for our people, businesses, partners and the community,” Attenborough said in a statement. “We are committed to working proactively and collaboratively with all our stakeholders so that we can collectively emerge from the COVID-19 period as strongly as possible.” Tabcorp shares were trading at $3.83 on March 1 before dropping to $2.18 on March 23. However, the Tabcorp share price has improved in recent days to close on Tuesday at $2.77.
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Tabcorp announces job cuts to stock exchange The COVID-19 outbreak has begun to bite at Tabcorp with the wagering giant announcing the standing down of more than 700 employees until the end of the financial year. Tabcorp provided a statement to the Australian stock exchange advising of the job cuts, which it says is a measure to protect jobs long term. Tabcorp is also exploring whether it is eligible for Federal Government assistance under the Job Keeper Wage Subsidy initiative. The organisation’s remaining employees will take at least one day of leave a week while Tabcorp chief executive David Attenborough will take a 20 percent pay cut until June 30. Tabcorp’s chairman and non-executive directors have taken a 10 percent reduction in fees while the business has shed 160 technology contractors. The company has suspended collection of fees owed by pubs and clubs for Sky Racing, TAB and Keno contracts among other measures. Tabcorp has also moved to shore up cashflow by delaying payment of some payroll, Keno and lotteries taxes relating to the next six months, which amount to about $40 million per month. “This continues to be a very challenging time for our people, businesses, partners and the community,” Attenborough said in a statement. “We are committed to working proactively and collaboratively with all our stakeholders so that we can collectively emerge from the COVID-19 period as strongly as possible.” Tabcorp shares were trading at $3.83 on March 1 before dropping to $2.18 on March 23. However, the Tabcorp share price has improved in recent days to close on Tuesday at $2.77.
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Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
I'm picking they'll go for six weeks but with some let up on some things. Why they hell they shut butcher shops I have no idea! I went to the supermarket last Thursday and across the road the Organic shop was open. I guess the Greens put it on the "essential" list. I think our testing regime is being manipulated to hide the true extent of the number of people infected. The stats globally are saying that 50% of people that get it have no symptoms! Therefore one must assume that that number of people infected in NZ is much higher than 1,000. There are still 1000 empty beds in the hospitals! I don't believe the general public can sustain more than 6 weeks. People will start to suffer and we reach the situation where people will be getting ill from other things. For example personally for the last few days I've experienced an illness that normally I would have visited a doctor. Instead I'm lucky to have a sister who is a nurse who has give me good advice. Now there will be people out there compromising their health because they are sticking to the rules. That can only happen for so long. Another factor to consider is we are entering the time of the year which is supposedly the most favourable for the virus to spread. -
Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
I just twigged - Brodie is a Trumper. I guess you are talking about hydroxychloroquine. All Trump has approved is movement of supplies of it out of the national stockpile. The FDA has NOT approved it for the treatment of Covid-19. Interestingly the main science paper for suggesting using this anti-malaria drug comes from Wuhan, China. Also it doesn't KILL Covid-19 it treats the symptoms i.e. inflammation of the lungs. Which the anti-malaria drug also treats in malaria cases! Another problem with prescribing a medication for everyone rather than those already severely infected is that it creates the possibility of the virus adapting quicker. https://www.contagionlive.com/news/results-from-a-controlled-trial-of-hydroxychloroquine-for-covid19 -
Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
Who the hell is "The Don"? -
Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
By definition Covid-19 CAN'T be a Superbug. Superbug's are bacterial and resistant to antibiotics. Covid-19 is a virus. However as far as Supevirus is concerned - the jury is out. There is no cure yet. -
Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
No he is probably just repeating what he has read somewhere in the media. True investigative journalism has long been dead. I always fact check and go back to the source documents if I can. -
Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
No I'm saying you are misquoting them. I've read everything I can about this virus including numerous research papers (most have not been peer reviewed yet). NONE say categorically that the virus will cease existing over 26 degrees. At best they say "could". -
Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat
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Site has gone quiet! What is everyone up to? Ranga?
Chief Stipe replied to Brodie's topic in Trotting Chat