Racing Industry Transition Agency

Racing Online - Posts tagged: Racing Industry Transition Agency

New Zealand racing calendar confirmed

More than 1,000 race meetings at 51 venues throughout New Zealand were confirmed today by the Dates Committee of the Racing Industry Transition Agency (RITA) for the forthcoming racing year. The racing calendar, which covers the period from 1 August 2020 to 31 July 2021, follows consultation with the three racing codes, clubs and other[...]
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Racing Code Funding Confirmed for 2020-21

The Racing Industry Transition Agency (RITA) today advised New Zealand racing codes of forecasted funding in 2020/21 of $139.6m which is the same level as was budgeted for the 2019/2020 season before the impacts of COVID-19. This is despite fewer thoroughbred and harness races planned for the upcoming season. RITA Executive Chair Dean McKenzie said[...]
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Racing Industry Bill passes third reading

New Zealand Racing Minister Winston Peters has welcomed the Racing Industry Bill passing its third reading, creating the legislative framework for revitalising the racing industry while limiting the need for future government intervention. “For too long our domestic racing industry has been left to fade into obscurity at the expense of jobs and the passionate[...]
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Extended terms for RITA directors

New Zealand Minister for Racing Winston Peters has announced that the terms for the directors of the Racing Industry Transition Agency (RITA) have been extended to 30 June 2021. Due to the COVID-19 crisis the transition period has been extended to ensure that the Racing Industry Bill can complete its progress through the House at[...]
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Cutbacks across all areas at TAB

The Racing Industry Transition Agency (RITA) confirmed on Tuesday changes it was taking in response to the impact of COVID-19, including a reduction of 230 roles, including 150 permanent staff, across all areas of the TAB. The decision follows consultation with staff on a range of proposed changes aimed at ensuring the business was sustainable[...]
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Pike pleased with Government stop-gap

Cambridge trainer Tony Pike believes the $72.5 million dollar COVID-19 emergency support package for the racing industry announced by Minister for Racing Winston Peters on Tuesday has breathed life back into the $1.6 billion industry which has been halted by coronavirus. The support package consists of $50 million relief grant for the Racing Industry Transition[...]
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New Zealand Racing open for business

New Zealand Thoroughbred Racing, along with the other two codes of harness and greyhound racing, has taken steps to ensure racing will continue during the COVID-19 pandemic in conjunction with the TAB. There are approximately 14,398 full-time equivalent jobs sustained by the New Zealand Racing Industry with a value-added contribution of over $1.6 billion and[...]
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Kiwis part of Royal Procession at Royal Ascot

New Zealand has been well-represented in the four-carriage Royal Procession on the final day of Royal Ascot with Rosehill-based trainer Chris Waller enjoying a memorable 24 hours. On Saturday, the former Foxton horseman landed the Group 1 Tattersall's Tiara (1400m) at Eagle Farm with Invincibella to provide him with a record-breaking 18th Group 1 win[...]
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NZ Racing Reform Bill Passes Third Reading

New Zealand's Racing Reform Bill has passed its third and final reading in parliament. The Bill, which comes into force on July 1, is the next step towards reinvigorating the NZ racing industry and reconstitutes the New Zealand Racing Board as the Racing Industry Transition Agency. “The revitalisation of this industry is underway,” Racing Minister[...]
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