Next NSW Race

Latest News

test

**
Hi Kes,

Please replace and re-send updated PDF thanks :

The Fund achieved an overall profit of $1.05 million for the 2019/20 financial year.

The Fund’s sound performance during 2019/20 is reflective of the following positive factors:

• Year on year improvement in claims finalisation
• Lower than expected incurred costs of claims (across most claim years)
• Reduction in the average claims cost
• Improved return to work rates during the second half of the financial year
• Avoidance of any material impact due to the potential financial effects of the COVID-19 pandemic

The Board of Racing New South Wales has set a strategic target of maintaining a reserve of $5 million. It is pleasing to note that the profit for 2019/20 means that the target, first achieved in 2018/19 has been maintained with reserves now totaling $6.1 million.

The Fund has continued perform soundly over time having overcome an accumulated deficit which peaked at $9.2million at the end of the 2010/11 financial year.

Regards,

The Latest Racing News

Canterbury Winners - Tips For Wednesday 17th September

By Ray Hickson Tips and race by race preview by Ray Hickson for Wednesday’s Canterbury meeting. Selections based on a ...
Read More

Stables Report To Stewards - Canterbury (Weds) / Kembla (Thurs)

Please note the following: CANTERBURY PARK (Wednesday 17th September) Race 1, No.8 - MAIDOFF: The Clarry Conners stable advised the ...
Read More

International Raiders Rising To The Challenge Of Sydney Everest Carnival

The world’s highest rated sprinter and a renowned UK stable with a super record in Sydney headline a contingent of ...
Read More

Punter's Intelligence Wrap - Run To The Rose Day

Talk of the TAB Everest can wait a couple of weeks but if Tempted turns up in the Golden Rose ...
Read More

Licensed Stablehand Matthew Quinn Suspended For Nine Months

Racing NSW Stewards today conducted an inquiry into an Australian Racing Forensic Laboratory (ARFL) Trackwork Rider Testing Certificate relative to ...
Read More
Loading...
Racing NSW Apps
View
Mobile Version
Contact
Forms
Information
Industry Links