Herald Sun

$28m loss

- Iceland · Belgium · Belarus

QUEENS­LAND Rac­ing Min­is­ter Bill Byrne won’t rule out prize­money cuts as a re­sult of a pro­jected $28 mil­lion Rac­ing Queens­land loss this fi­nan­cial year.

Asked yesterday whether prize­money could be chopped, Byrne said he was not rul­ing any­thing in or out.

There is wide­spread con­cern in the rac­ing in­dus­try in Queens­land that re­cent boosts in prize­money could be slashed by the La­bor Gov­ern­ment.

But Byrne did com­mit to prize­money lev­els re­main­ing sta­ble for the next six months while he and Rac­ing Queens­land act­ing chief ex­ec­u­tive Ian Hall con­sulted the in­dus­try.

Newspapers in English

Newspapers from Australia