July 22, 2024
The racing industry’s annual contribution to the Wide Bay economy reached close to $50 million in 2022-23, according to the latest Racing Queensland statistics.
The independent data, delivered by consultants IER, show the industry was responsible for generating $49.3 million in value-added contribution to the Wide Bay economy in 2022-23.
The industry has almost 2500 participants in the region, and supports more than 390 full-time jobs.
The Wide Bay figures include the four South Burnett race clubs: South Burnett (Wondai), Nanango, Kumbia and Burrandowan.
Infrastructure upgrades included a new set of 12-stall starting gates at Nanango Racing Club worth $150,000, and a $64,000 swab box replacement at South Burnett Race Club in Wondai.
“The economic value that racing in Queensland delivers has now doubled under the current Labor Government since 2015,” Racing Minister Grace Grace said.
Growth since 2015 is shared in all three codes of racing across Queensland:
- Thoroughbreds – up from $959 million to $1.8 billion
- Greyhounds – up from $113 million to $344 million
- Harness – up from $142 million to $232 million
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Two South Burnett racing clubs have received grants under Round 2 of the Country Club asset funding scheme:
- Burrandowan – Outside running rails
- South Burnett (Wondai) – Starting gates transport trailer
[Graphics: Download 164kb PDF]
[UPDATED]
