We often hear about the contribution that Racing makes to the NZ economy. Often that "contribution" is used to justify direct support from Government. Which may be fair in a society where those who yell loudest get the most regardless of contribution or need.
Personally I believe the industry should be able to stand on its own two feet and the fact that it can't is testament to the Government support that it keeps getting. Sadly the code that arguably has the most wealth, thoroughbred racing, needs the most support. I'm surprised why the leaders of the other codes haven't protested why they are having to carry a disproportionate weight of the excesses of its big brother.
Anyway - attached is an economic report of racing in the State of Victoria, Australia. If your Sunday is a wet one I suggest you have a read and compare it to New Zealand. A number of things stood out to me but two in particularly - the amount that racing directly pays to the state government and secondly the recognition of the value that volunteers in the industry add. In New Zealand we want to avoid the former and eliminate the latter.
ier-vri-size--scope-report--sep-2018v2.pdf