curious

I bet the staff were lining up to lead that bloke in!

I would have thought that delays in testing or retesting, especially if influenced by power would be "anathema" to all in the industry including you? Or do you have no concern for human or equine H&S?

Well it used to be funded by clubs themselves from their wagering revenue. Since bulk funding came in, NZTR now distribute that to clubs, however they have dictated that funding be used almost entirely for stakes, thus removing clubs' funding for infrastructure.

Because it is incumbent on NZTR to fund that and they don't.

So that would rule out clubs like the CJC because it doesn't operate on freehold land of its own? Aside from that though, how do you see that your proposal would improve industry revenue?

Hindsight is always 20/20. So, what is you better model for the next decade or two? Put it up so we can consider and debate it. I think you'd agree that the current and proposed ones don't and won't work.

A lot of expenses may have been deferred but the industry lived within its means. Since then, we have increasingly paid out more to codes than we have earned, bankrupting the TAB and requiring a taxpayer bail out and the sale of that. As you noted above, more tracks with less racing required less frequent significant maintenance. I don't think the principle of living within our means and not having to beg steal and borrow to exist fails as a model. If you have a better one, what is it?

Why? Can't you just reduce stakes to a level that provides sufficient additional revenue for infrastructure. That's how it worked until 20 years ago.

What is untrue?

What measure of participation are you using when you say that?

So, isn't wagering the primary source of revenue which funds safe tracks and facilities as well as stakes?

Well if you have better data or analysis on the correlation between turnover and stakes supporting your view that they are unrelated, please post it. At this point your restraint appears to be due to you having no evidence to the contrary.

Did you not see the graph for 24/25 season that I posted in the Ellerslie thread?

I've met one of them. Seemed a nice enough genuine chap. So @Chief Stipe, are you going to tell us what the story is that have got so very wrong?

That doesn't answer my question or help and I've no clue what it has to do with Freda?