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NSW Strategic Plan 4: Big Prize-Money Increases
Racing NSW announced the new revenue from "race fields" legislation "will allow for significant across-the-board growth in returns to owners, including the implementation" of:
- An additional $36 million in prize-money will be paid for non-feature races per annum from July 2012. This will include (by July 2012): Metropolitan Saturday races from $70,000 to $100,000; Metropolitan Midweek races from $27,000 to $35,000; Provincial races from $16,000 to $25,000; & Country TAB Meeting races from $9,000 to $15,000.
- Prize-money paid for Group & Listed races will increase by $13.1 million per annum by 2012. This will include: Golden Slipper from $3.5 million to $4 million; The BMW from $2.25 million to $2.5 million; Australian Derby from $1.3 million to $2 million; Australian Oaks from $350,000 to $1 million; TJ Smith Stakes from $350,000 to $1 million; All-Aged Stakes from $300,000 to $1 million; Queen Elizabeth Stakes from $350,000 to $750,000; Darby Munro Stakes from $ 100,000 to $400,000.
- Introducing a system of paying prize-money for all horses which fill the first 10 places in a race.