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Messara To Review NZ Industry


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John Messara, whose Arrowfield Stud was the leading vendor at this week’s Inglis Easter yearling sale, has been appointed by New Zealand Racing Minister Winston Peters to review the industry’s governance structures, and provide recommendations on future directions for the industry.

“Racing is a significant industry creating NZ$1.6-billion to GDP annually, it employs up to 50,000 people, and has many passionate supporters,” said Peters. “However, it is vital an assessment is conducted on whether the industry is meeting its full financial potential, and whether its governance arrangements are top-heavy. For this reason it is pleasing Mr. Messara has agreed to conduct a strategic review to provide advice to the government. Mr Messara is considered one of Australia’s most successful racing administrators. As chair of both Racing New South Wales and Racing Australia, he led reforms to increase and secure long-term revenue. His review will also assist the government in determining if the current Racing Act 2003 and the proposed Racing Amendment Bill are fit for purpose.”

Messara will commence work on the review later this month with an objective of producing a report mid-year.

 

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