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Federal Ministry Of Racing "May Be Eventual Outcome"
Meanwhile a Federal Ministry Of Racing "may be the eventual outcome of tomorrow's crisis meeting at Randwick, where powerful racing interests are expected to clash over how to alleviate deteriorating returns to trainers, owners & breeders," reported The Sydney Morning Herald. The meeting (to be chaired by broadcaster & thoroughbred owner Alan Jones) was already organised before last night's release of the LEK Consulting report commissioned by the Australian Jockey Club & Sydney Turf Club. One owner "who is concerned at diminishing prize-money" summed up: “Only Commonwealth legislation can fix up the industry.”