Stablehands will be among the big winners after significant prizemoney increases announced by Racing NSW. Photo / Greg Bowker
Stablehands will be among the big winners after significant prizemoney increases announced by Racing NSW.
The state's ruling body is flush with more than A$100 million ($126 million) in funds after last week's ruling by the High Court on the race fields legislation.
Racing NSW will use a portion of
those funds to boost prizemoney across the board, unveiling its new structure on Wednesday.
Licensed stablehands, among the lowest-paid workers in the industry, will receive 1.5 per cent of total prizemoney under the changes which take effect from July 1.
"In a first for Australian racing, licensed stablehands will now get a cut of the prizemoney, justly rewarding them for their efforts in the success of their stable," Racing NSW chief executive Peter V'landys said.
