Midget 4,489 Report post Posted January 27, 2017 ‹ News listings News Meeting between thoroughbred code representatives and New Zealand Racing Board 27 January 2017, 4:49 p.m. A meeting between thoroughbred code interests and New Zealand Racing Board (NZRB) representatives will be held on Sunday 29 January 2017. The meeting was proposed by New Zealand Thoroughbred Racing (NZTR) as a result of recent consultation with Chairs and Chief Executives of thoroughbred Sector Groups (NZ Trainers Assn, NZ Jockeys Assn, NZ Thoroughbred Breeders Assn, and NZ Thoroughbred Racehorse Owners Federation), and a representative group of racing clubs (Auckland RC, Waikato RC, Hawke’s Bay RC, RACE Group and Canterbury JC). The meeting will be a closed meeting, with invitations extended to these representatives, the NZTR Board, NZRB Chair Glenda Hughes and NZRB CEO John Allen. The purpose of the meeting is to discuss with NZRB the thoroughbred industry’s concerns, principally: NZRB ‘lack of scale’ and ongoing escalation in NZRB’s cost structure; Lack of growth in NZRB distributions to Codes; Consequential lack of growth in prizemoney; and Industry concerns with NZRB’s strategic direction as expressed in the NZRB Statement of Intent 2017-19, and the recent announcement regarding the advancement of a potential fixed odds outsourcing solution with Paddy Power and Openbet. The NZTR position on these matters has been consistently expressed on a number of occasions since NZTR hosted a series of meetings with Racing Clubs and Sector Groups in June 2016. NZTR has liaised with the Chairs and CEOs of the Sector Groups and the aforementioned racing clubs as representatives of the thoroughbred sector as a whole, in order to reaffirm the thoroughbred sector view that the NZRB must appropriately assess options and undertake a strategy that addresses the fundamental lack of scale and consequential lack of profit growth. The January 29 meeting provides an opportunity for increased understanding and alignment between the thoroughbred sector and NZRB regarding these important matters. Domestic News Club News Quote Share this post Link to post Share on other sites More sharing options...
Leggy 4,090 Report post Posted January 27, 2017 Oh dear. A closed meeting between the NZTR board and the RB CEO and chair for the sole purpose of reiterating concerns about which the NZTR position already "has been consistently expressed on a number of occasions". Sounds to me like a free jaunt to the millions for the NZTR board (the agenda?) at our expense and another complete WOFTAM, when they all work in the same building in Petone! Turny, biff, Pam Robson and 2 others 5 Quote Share this post Link to post Share on other sites More sharing options...
Huey 2,037 Report post Posted January 27, 2017 36 minutes ago, Leggy said: Oh dear. A closed meeting between the NZTR board and the RB CEO and chair for the sole purpose of reiterating concerns about which the NZTR position already "has been consistently expressed on a number of occasions". Sounds to me like a free jaunt to the millions for the NZTR board (the agenda?) at our expense and another complete WOFTAM, when they all work in the same building in Petone! As soon as I saw NZTR my hopes were dashed. Quote Share this post Link to post Share on other sites More sharing options...
Guest 2Admin2 Report post Posted January 27, 2017 I don't believe Jacko is suddenly the mesiah. Didn't he stuff up the last time he was involved? Quote Share this post Link to post Share on other sites More sharing options...
Fartoomuch 1,376 Report post Posted January 27, 2017 4 minutes ago, 2Admin2 said: I don't believe Jacko is suddenly the mesiah. Didn't he stuff up the last time he was involved? Which time, all we need now is for Acklin to reappear. Quote Share this post Link to post Share on other sites More sharing options...
biff 2,158 Report post Posted January 27, 2017 Bayliss maybe? Quote Share this post Link to post Share on other sites More sharing options...
biff 2,158 Report post Posted January 27, 2017 Apparently Elvis is going to front, and a strong rumour Lord Lucan also. Fartoomuch, shaneMcAlister and We're Doomed 3 Quote Share this post Link to post Share on other sites More sharing options...
Guest 2Admin2 Report post Posted January 27, 2017 There's a Rangiora contingent led by Colin Wightman. According to the Informant NZTR has organised this meeting. I'd have thought they'd be better to sort their own crap out first. Also hasn't it been their CEO that has pushed the wagering proposals to NZRB? If the NZTR board is actually calling the meeting then Purcells tenure must be untenable. Quote Share this post Link to post Share on other sites More sharing options...
trakdap 390 Report post Posted January 27, 2017 The question is.. Is there anyone from the TB code representatives who have "what it takes" to put their concerns to the Board and debate such STRONGLY or are they all YES men? Time will tell. jasonmccook1 and THE TORCH 2 Quote Share this post Link to post Share on other sites More sharing options...
von Smallhaussen 3,226 Report post Posted January 27, 2017 14 minutes ago, trakdap said: The question is.. Is there anyone from the TB code representatives who have "what it takes" to put their concerns to the Board and debate such STRONGLY or are they all YES men? Time will tell. someone needs to tell her ... biff 1 Quote Share this post Link to post Share on other sites More sharing options...
Turny 1,224 Report post Posted January 27, 2017 As I have suspected all along this ain't an industry meeting - anything but - it is the non listeners behind closed doors - BS with no result or outcome What was Plan B Midget? Better dust it off Quote Share this post Link to post Share on other sites More sharing options...
We're Doomed 4,868 Report post Posted January 27, 2017 What's this "lack of scale" they keep going on about? Huey 1 Quote Share this post Link to post Share on other sites More sharing options...
Leggy 4,090 Report post Posted January 27, 2017 They don't have scales with high enough limits to weigh the NZTR pie eaters WD. Quote Share this post Link to post Share on other sites More sharing options...
Midget 4,489 Report post Posted January 27, 2017 38 minutes ago, turny said: As I have suspected all along this ain't an industry meeting - anything but - it is the non listeners behind closed doors - BS with no result or outcome What was Plan B Midget? Better dust it off Ask Pikey !!!! Quote Share this post Link to post Share on other sites More sharing options...
gubellini 4,004 Report post Posted January 27, 2017 The NZRB and NZTR need to look at potential alternative income streams other than gaming and wagering. I.e. Levies on exported horses or Levies on Stallion fees the proceeds to be paid DIRECTLY into stakes. trakdap 1 Quote Share this post Link to post Share on other sites More sharing options...
cantab matt 134 Report post Posted January 27, 2017 I am told the Hughes/Allen counter argument will be the codes should get their own houses in order first. They will be pushing the wasted $60m from NZRB disbursements that the codes put into admin costs. Their agenda will be to push all the codes to operate out of one admin base. Don't agree with it but that's the word retail managers are spreading through TAB agencies........... Huey 1 Quote Share this post Link to post Share on other sites More sharing options...
Midget 4,489 Report post Posted January 28, 2017 Bits and pieces doing the rounds ( not sure if they're 100% accurate ) Quote Share this post Link to post Share on other sites More sharing options...
Leggy 4,090 Report post Posted January 28, 2017 Well, I don't really get the point of this. We all know that the NZRB performance is underwhelming and the above figures are widely available. Costs are increasing at a similar rate to net revenue. That's the whole argument for outsourcing the FOB business which they have now done. I don't really get the reason for accentuating the additional income tax the government is getting from the increased salary costs. That occurs wherever a business is growing and increasing staffing, just that the NZRB has managed to do it without any gain in net profit. I'm hoping this is not implying that the taxpayer should give the income tax back? That would be ridiculous and next thing every other industry would be seeking the same treatment. The taxpayer has already given back a large amount of duty (about 50m a year now), some 20m a year of pokie revenue that should probably be going to community funding, and the largesse to allow the racing industry to keep earnings from overseas racing and other sporting events. What exactly are they seeking here and from whom? I hope that wasn't from some public presentation because it would look more professional if the writer could spell. "gamming duty"? Huey 1 Quote Share this post Link to post Share on other sites More sharing options...
Ohokaman 5,844 Report post Posted January 28, 2017 17 hours ago, Midget said: ‹ News listings News Meeting between thoroughbred code representatives and New Zealand Racing Board 27 January 2017, 4:49 p.m. A meeting between thoroughbred code interests and New Zealand Racing Board (NZRB) representatives will be held on Sunday 29 January 2017. The meeting was proposed by New Zealand Thoroughbred Racing (NZTR) as a result of recent consultation with Chairs and Chief Executives of thoroughbred Sector Groups (NZ Trainers Assn, NZ Jockeys Assn, NZ Thoroughbred Breeders Assn, and NZ Thoroughbred Racehorse Owners Federation), and a representative group of racing clubs (Auckland RC, Waikato RC, Hawke’s Bay RC, RACE Group and Canterbury JC). The meeting will be a closed meeting, with invitations extended to these representatives, the NZTR Board, NZRB Chair Glenda Hughes and NZRB CEO John Allen. The purpose of the meeting is to discuss with NZRB the thoroughbred industry’s concerns, principally: NZRB ‘lack of scale’ and ongoing escalation in NZRB’s cost structure; Lack of growth in NZRB distributions to Codes; Consequential lack of growth in prizemoney; and Industry concerns with NZRB’s strategic direction as expressed in the NZRB Statement of Intent 2017-19, and the recent announcement regarding the advancement of a potential fixed odds outsourcing solution with Paddy Power and Openbet. The NZTR position on these matters has been consistently expressed on a number of occasions since NZTR hosted a series of meetings with Racing Clubs and Sector Groups in June 2016. NZTR has liaised with the Chairs and CEOs of the Sector Groups and the aforementioned racing clubs as representatives of the thoroughbred sector as a whole, in order to reaffirm the thoroughbred sector view that the NZRB must appropriately assess options and undertake a strategy that addresses the fundamental lack of scale and consequential lack of profit growth. The January 29 meeting provides an opportunity for increased understanding and alignment between the thoroughbred sector and NZRB regarding these important matters. Domestic News Club News Pfftttt...I hope that is not the sound of balloons labelled "Hope" and "Expectation" bursting Midget...... Quote Share this post Link to post Share on other sites More sharing options...
Midget 4,489 Report post Posted January 28, 2017 Isn't that must sanitised corporate "double speak" ?? We all know what the real agenda is but we must go through a process before we do what we've been forced to do. Turny 1 Quote Share this post Link to post Share on other sites More sharing options...
Turny 1,224 Report post Posted January 28, 2017 8 minutes ago, Midget said: Isn't that must sanitised corporate "double speak" ?? We all know what the real agenda is but we must go through a process before we do what we've been forced to do. I am encouraged with those words - Quote Share this post Link to post Share on other sites More sharing options...
Leggy 4,090 Report post Posted January 28, 2017 It's interesting that NZTR describe the following as "a representative group of clubs": Auckland RC, Waikato RC, Hawke’s Bay RC, RACE Group and Canterbury JC Representative of what? The worst tracks in the nation? Turny, Nearco, napier and 3 others 6 Quote Share this post Link to post Share on other sites More sharing options...
Yir Tiz 223 Report post Posted January 28, 2017 15 hours ago, biff said: Apparently Elvis is going to front, and a strong rumour Lord Lucan also. And they are arriving on Shergar!!! Quote Share this post Link to post Share on other sites More sharing options...
gubellini 4,004 Report post Posted January 28, 2017 Sadly waiting for the NZRB to turn around NZ Racing is as futile as leaving the porch light on for Lord Lucan. Patiti 1 Quote Share this post Link to post Share on other sites More sharing options...
Huey 2,037 Report post Posted January 28, 2017 On 1/28/2017 at 5:29 AM, Leggy said: Oh dear. A closed meeting between the NZTR board and the RB CEO and chair for the sole purpose of reiterating concerns about which the NZTR position already "has been consistently expressed on a number of occasions". Sounds to me like a free jaunt to the millions for the NZTR board (the agenda?) at our expense and another complete WOFTAM, when they all work in the same building in Petone! The outcome will be interesting, we have an organisation that specialises in diversion & under performance when under pressure (which I tend to think this possibly is once again) together with some of the less selfless clubs , teaming up with an association that is now controlled by the organisation that specialises in diversion of which it has been claimed nullified the association of its independence , power and transparency(when taking over the administration of the association) making it absolutely useless ... now looking to take the NZRB to task. Enjoy your lunch! Leggy 1 Quote Share this post Link to post Share on other sites More sharing options...