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De Lore's Thoroughbred Media Award


Thomass

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Surely??  If he doesn't get it this year after recent soft cock awards ...including a photographer if you please...and a Hound caller...wtf??

De Lore's epic article begging Messara's input was the catalyst for Peter's decision to get expert advice in...

...after continual hopelessly inept administrations, appointed by the Knats, killed the Thoroughbred golden goose...

...and De Lore's recent article about f in Sports betting taking over the NZRB's mindset...

...instead of concentrating on their mission statement of "promote Thoroughbred racing"

wtf did that go??  It's out in the boondocks...that's where 

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21 hours ago, Rowley Mile said:

On the 'other side' I see one poster has laid the boot into Brian, sunk the slipper, and yet Brian has spoken for the much maligned hoi poloi, the coalface, the people that matter.....I would have thought Brian should be rewarded, not lambasted.

Yes, the problem is you're dealing with very complex psyco nutcases who if it isn't their 'idea'...they kill the messenger and to hell with the Industry...

....but promote the other new Knat...who they know personally and must be way better then Peters...

Yea Na...yet they had 9 long years of perpetual f up appointments

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7 hours ago, Thomass said:

Yes, the problem is you're dealing with very complex psyco nutcases who if it isn't their 'idea'...they kill the messenger and to hell with the Industry...

....but promote the other new Knat...who they know personally and must be way better then Peters...

Yea Na...yet they had 9 long years of perpetual f up appointments

I have seen the June 28 article online but not the July 5.   Is the July 5 the one being complained of. Anyone with a link? Or any summary of whats in it?

 

 

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UNINFORMED ARTICLE DELIVERS THE WRONG MESSAGE IN MAINSTREAM MEDIA

4 July 2018

 

Racing has been getting a bad deal in mainstream media which seems to go hand-in-hand with the media backhanders constantly being dished out to Acting Prime Minister and Minister of Racing Winston Peters.

AM Show host Duncan Garner is a regular offender but many of his comments seem to come from sheer ignorance, his ego, and a political bias that places him in the camp firmly opposed to Winston Peters, NZ First and its policies.

Then you get the article that appeared on the inside front page of the Sunday-Star Times on the 24th of June which was headed, “Officials warned against racing tax breaks.”

This was trash tabloid journalism at its very worst. It began, “Inland Revenue officials have warned against tax breaks for the racing industry, saying they could cost the Crown up to $40 million in lost revenue – but the Government is proceeding regardless.”

A pathetic statement that is so far from the truth, was not substantiated in any form and was credited to have come from unnamed officials at Inland Revenue. No one in the racing industry was asked to comment on that remark to provide some balance.

It was a shallow attempt to leave racing and the Minister in a bad light but it failed because its author Andrea Vance was out of her depth on the subject, didn’t do the research and sounded politically motivated. The mystery is why was it written at all and what was such a nonsense article doing on page two.

Vance went to the trouble of phoning Sir Patrick Hogan to try and stir up a storm in a teacup over the unauthorised advert that appeared in The Informant, placed by Hogan just prior to last year’s election, but the Hall of Famer who was at home recovering from his dual knee replacement operations wasn’t taking the bait.

“The journalist Vance phoned me and tried to wind me up but I gave her very little comment,” Hogan told The Informant this week. “I just listened but she tried to wind me up. She was trying to put words into my mouth that they could print but I picked it straight away. When I read it I was very pleased that I had said very little.

“It was an article that was completely unwarranted,” continued Hogan. “It didn’t justify even going to print. It was based on nothing whatsoever. They were certainly having a strong dig at the industry.”

Well-known Hamilton accountant and Chairman of the New Zealand Racing Hall of Fame Chris Luoni was angered enough by the article to write a stern rebuttal which stated, “This article is factually incorrect in respect of the income tax changes for new horse breeders which were announced in the recent NZ Budget.

“Vance quotes IRD officials who believe that tax breaks could cost the Crown up to $40 million in lost revenue. This is also factually incorrect and misleading.”

The comprehensive three-page rebuttal by Luoni that pointed out and corrected all the inaccuracies of the story, in conclusion, said, “It annoys me that journalists like Vance write articles without proper fact-checking.

“Vance has based her article on an unknown IRD official being quoted as saying that ‘the cost to the Crown could be up to $40 million.’ This statement is unsubstantiated and from an unknown person (if any) – and my response is, ‘prove it.’

“She has not sought comment from people involved in the bloodstock industry and indeed the bloodstock industry is at fault for not having spokesmen who respond to inaccurate articles written like this.

“I believe industry representative bodies like Harness Racing NZ and NZ Thoroughbred Racing must show leadership and have spokespeople to respond to such irresponsible articles which only seek to undermine a genuine NZ industry.”

Another accountant in the industry with a strong horse ownership involvement but who prefers not to be named was also critical of the story. He said, “I was wondering what the background to that article was because it is very odd for a government department like the IRD to have a pot-shot at a Minister.

“There’s a bit more behind it because one of the top political journalists Andrea Vance wrote the article which I thought was a bit odd as well. The inside front page of the Sunday-Star Times – didn’t quite deserve its place. There was no substance to it – it was all a bit of puffery – hot air really.”

On the question of GST in racing, he also had this to say, “The racehorse is an essential supply to the wagering business which it cannot operate without. However, the IRD’s ruling means that the GST incurred by the horse owner in making that supply, “the horse to bet on”, cannot be recovered.

“This situation, I believe, is peculiar to the racing Industry where a recreational activity or hobby is a key input into a taxable activity (wagering). This IRD ruling places the racing and wagering business in a serious cost disadvantage relative to other forms of wagering in New Zealand and makes it internationally less competitive.

“Other wagering businesses in New Zealand (e.g. casinos, gaming) are permitted to claim back the GST that they incur on the products they supply to operate their wagering activities (e.g. gaming machines, roulette tables etc). Therefore, these forms of wagering have a significant cost advantage over investing in racehorses as the costs of their inputs are in essence 15% lower.

“I’ve done some numbers which say racing is being slaughtered by the tax man,” he continued. “They are unique numbers and what they show is completely the opposite to what those boofheads at the tax department are saying.

“If you take the NZRB stuff, the code stuff, and the operational costs, the industry is losing almost $300 million a year – this is the costs to the owners – they are public numbers taken from various places. The owners’ costs are all in the Size and Scope Report.

“When you put them all together, add them up, and eliminate the stakes that are paid to owners, it shows this massive loss but that doesn’t include the capital investment in horses. Consolidate the results from an investors perspective and include them in the numbers, the result is that a loss of that magnitude is not sustainable – no business is going to survive with that outcome.

“The tax department seems to think that this business is run by the elite and we have truck-loads of money and they can tax the hell out of us. All the owners are subsidising racing to the tune of that almost $300 million – that’s point one. Point Two is that if you add up the GST the racing board is paying, the racing duty on betting and the GST paid by the owners on their racing costs and it comes to $88 million dollars.

“So here’s a business that’s losing nearly $300 million and we are paying $88 million in tax as well. We contribute $1.6 million to GDP as well and we employ 14,400 people full time and the total participants in racing are over 58,000 according to the NZRB’s Size and Scope Report prepared by IER Pty Ltd.

“You might say, ‘well, the NZRB make $140 million a year profit – but the racing codes have to spend $40 million between them doing their operating thing so you are immediately down to $100 million. To get all the horses and dogs to the racing industry costs $389 million a year and they generate the $100 million in profit – that’s what is paid out in stakes to the people who spend $389 million.

“You don’t have to be a mathematician to work out the extent of the loss,” he concluded.

The money the codes spends on getting all the horses and dogs to the races is not a controllable figure but GST is certainly a contentious issue and one that needs to be addressed in the coming industry overhaul.

Chris Luoni has also written a paper questioning why all racing entities in New Zealand are treated as hobbyists by the Commissioner of Inland Revenue when that very treatment contradicts the wording in the GST Act.

Luoni says, “One major matter of concern to the bloodstock industry is that the IRD’s paper QB 17/04 has a major flaw in that this policy paper has some strange requirements which are not consistent with the GST Act and therefore are incorrect in law.

“For example, the definition of a taxable activity in section 6(1) (a) of the GST Act does not require the company to earn a pecuniary profit in order to be conducting a taxable activity.

“However, the following statements are made in QB 17/04: “…The Commissioner considers that, for syndicates whose activities are limited to racing horses, a taxpayer would need to establish all of the following matters (i.e. in order to be considered a taxable activity):

“1. The syndicate is formed not for the personal interest or pleasure of the participants, but for the purpose of making a profit from the activity, and it is operated in that manner.

“2. The activity of the syndicate or partnership is organised to achieve a pecuniary profit and operates in a systematic fashion that on an objective assessment appears to materially reduce the element that luck plays in whether any prize money is won.

“3. A significant amount of time is involved in performing the activity undertaken by the manager of the syndicate or partnership including acquiring and managing the horses that are assisting in meeting financial imperatives.

“Why is the Commissioner producing a policy paper which is stating that the activity must be organised to achieve a pecuniary profit when section 6 of the GST Act does not require it?

“It would appear that the ‘Profit Type Analysis’ the Commissioner employs is founded on ‘their view’ of “private recreational pursuit or hobby” and that the profit-making purpose is used by the Commissioner as a proxy to preclude exceptions for hobbies. In other words, the Commissioner is taking a position that he considers is a private, recreational pursuit or hobby, and consequently is an excluded activity for GST purposes…”

“The racing industry deserves to be treated with more respect and in terms of the GST Act each and every entity is entitled to be considered on its merits for GST registration and not be subject to the Commissioner’s blanket position that all “racing entities” are considered to be hobbyists.”

To read this and other important industry stories in The Informant each week email ADMIN@RACINGMEDIA.CO.NZ. Mention W@W and get 20% off an online subscription.

 

 
 
 
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Thanks Hesi.  Seems the author has quite a good grasp of the subject matter. The sort of indepth writing racing is missing.  Unfortunately not in my line of interest.

But how anyone in racing could object to that sort of contribution is baffling. Plus the sole person doing the anti Peters pro anyone National hysterical raving on the other site is puerile.

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8 minutes ago, The Centaur said:

Thanks Hesi.  Seems the author has quite a good grasp of the subject matter. The sort of indepth writing racing is missing.  Unfortunately not in my line of interest.

But how anyone in racing could object to that sort of contribution is baffling. Plus the sole person doing the anti Peters pro anyone National hysterical raving on the other site is puerile.

We often talk about the self proclaimed champion of Racing's foot soldier, being the last person you would ever want to be in the trenches with, relying on.  It would be tally ho boys, over the top and get em........................................................... you first:)

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On ‎11‎/‎07‎/‎2018 at 12:05 PM, Rowley Mile said:

On the 'other side' I see one poster has laid the boot into Brian, sunk the slipper, and yet Brian has spoken for the much maligned hoi poloi, the coalface, the people that matter.....I would have thought Brian should be rewarded, not lambasted.

Nobody takes that loser on the other side seriously except himself.  He is pound for pound the undisputed world champion fukwit. 

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Unfortunately, most of that article is simply word for word regurgitation of two pieces actually written by Chris Luoni. Neither an original thought nor a critical comment offered. No balance. Complete journalistic waste of time in my view.

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49 minutes ago, curious said:

Unfortunately, most of that article is simply word for word regurgitation of two pieces actually written by Chris Luoni. Neither an original thought nor a critical comment offered. No balance. Complete journalistic waste of time in my view.

You should really wean yourself off those Trump tweets.

Its an in depth article who cares about the technicalities.

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It's not a technicality. It's an absence of any thing remotely demonstrating excellence in the way of Contribution to Media, Digital & Content in thoroughbred racing.
 
"NZTR is seeking entries from a variety of content providers and would welcome examples of new and innovative methods of storytelling and audience engagement."
 
I can't see how the above article could even begin to meet that criterion for the award and if the NZTR board has any gumption, and that is the best they have, I think they should decline to make the award this year because of no suitable entries.
Edited by curious
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I lobbied Den Ryan and his band of Media Award selectors for years after Earily flukes one

"what portfolio did Earily have to present to get his award Den"

"oh ahhhhh, ahem..Pete had a few very good interviews for 5 minutes every week...besides it was his turn to get something"

ffs...

If by chsnce De Lore is too embarrassed to present a portfolio..

..he's hands down changed the face of Thoroughbred's direction with his articles...

'For OUSTANDING contribution to Racing'

B de Lore...

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20 hours ago, Thomass said:

I lobbied Den Ryan and his band of Media Award selectors for years after Earily flukes one

"what portfolio did Earily have to present to get his award Den"

"oh ahhhhh, ahem..Pete had a few very good interviews for 5 minutes every week...besides it was his turn to get something"

ffs...

If by chsnce De Lore is too embarrassed to present a portfolio..

..he's hands down changed the face of Thoroughbred's direction with his articles...

'For OUSTANDING contribution to Racing'

B de Lore...

It must be Wally O'Hearn's turn to win something. He's been round for decades, like Dezzy and Dilly and Denny.

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3 hours ago, Poisoned Dwarf said:

It must be Wally O'Hearn's turn to win something. He's been round for decades, like Dezzy and Dilly and Denny.

A lot of the ex racing journo's failed to adjust to the internet era. They always expected some outfit like Fairfax or the Racing Board to  be paying their weekly wages. O'Hearn did at least get his own web site going though.

However take someone like Brenda Collins who started up a brilliant breeding magazine. Going out getting advertising revenue plus talking nicely to the bank manager much harder than churning out mundane material for the Racing Board or Fairfax for a weekly pay check.

So what recognition did Brenda get. Very little as far as I can see. No wonder she left the industry in disgust.

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20 hours ago, The Centaur said:

A lot of the ex racing journo's failed to adjust to the internet era. They always expected some outfit like Fairfax or the Racing Board to  be paying their weekly wages. O'Hearn did at least get his own web site going though.

However take someone like Brenda Collins who started up a brilliant breeding magazine. Going out getting advertising revenue plus talking nicely to the bank manager much harder than churning out mundane material for the Racing Board or Fairfax for a weekly pay check.

So what recognition did Brenda get. Very little as far as I can see. No wonder she left the industry in disgust.

And that was after Rosie replaced her

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  • 1 month later...

Oh no...not only is Greg I love meself Oconner nom'd fr the award

...but Aidan quite thick Rodders...and Maryann I've blocked any replays of Jumps fallers Twentyman

Shirley not another Harness man who twilights in the Thoroughbred zone winning?

Like Earily...who did 2 interviews a week...

Until I got the Media Award changed...to 'nominees requiring a portfolio of work to be submitted'...

after I accused Den Ryan of giving each racing Media person a turn for long service

And so the BOYS GET LAID nom'd themselves too.

I wonder if they submitted their x rated chat shows...

" oh f me that f in thing eats my shirt each week"

Its modern media content I guess

Lets see...the best Journo in print whose article influenced Winn into ordering an Inquiry that could possibly change the face of the Racing Industry

Or a bunch of f'ers f in swearing?

 

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