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Thoroughbred Breeders Australia Opens Levy Ballot

Thursday, 25th July 2013

The Australian Electoral Commission (AEC) has distributed ballot papers to all 8,415 Thoroughbred contact breeders registered with the Australian Stud Book (ASB). The ballot will test the Thoroughbred breeding industry's support for a proposed statutory Thoroughbred Research and Development Levy that will comprise: 1) a charge of $10 per mare covered per season and paid by the stallion owner, and 2) a charge of $10 per mare returned per season and paid by the broodmare owner. Thoroughbred Breeders Australia CEO Chauncey Morris is urging the industry to vote 'yes' and support the levy proposal. "We'll be able to fund practical, Thoroughbred-specific research that focuses on developing healthy, commercial foals and yearlings, leading to increased net farm income," he explained. "If supported by Thoroughbred breeders and subsequently approved by the Minister for Agriculture, Fisheries and Forestry, the levy will be matched dollar for dollar by the Australian Government." Morris continued, "This together with ongoing voluntary contributions from the Thoroughbred racing sector will provide a more secure Thoroughbred R&D fund of around $1 million per annum for investment in vital R&D projects focused on addressing Thoroughbred breeding and racing sector needs." The ballot opened on Monday 15 July 2013 and will close at 10am (AEST) on Thursday 8 August 2013.

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