TBV Executive Officer, Charmein Bukovec (left). Image: Racing Photos.

It is pleasing that racing continues with everything that is occurring in the world. I would like to congratulate all industry participants for keeping the industry going.

To achieve this, there have had to be certain initiatives to adjust to ensuring that the industry continues to operate.

We are all in this together.

In the last few days, you would have heard Racing Victoria announce prizemoney reductions. These include Super VOBIS and VOBIS Gold.

The purpose of these prizemoney reductions is to ensure that we can continue to enable a viable and sustainable industry.

TBV supports the announced reductions of prizemoney including the VOBIS program as measures like this will ensure that the racing and breeding industries are in the best possible position to provide the support required if a shutdown of racing occurs.

From my conversations with Racing Victoria it has been made clear that they view the sustainability of the racing and breeding industry as intertwined.

We are pleased to advise that Racing Victoria support TBV’s recommendation to extend the Super VOBIS deadline to help with cashflow for Victorian breeders. The Super VOBIS deadline for 2018-born foals will be extended to July 31, 2020.

TBV raised your concerns with the Government and Racing Victoria regarding the accommodation and welfare of horses, should racing be suspended for any period of time.

Late last week, TBV submitted a document to the State Government to address these concerns.

I have received feedback from breeders about different issues, such as impacts to cashflow, concerns about potential restrictions with horse movement, including internationally and locally and market decline. I encourage you to communicate issues so that we can continue to advance these with the appropriate Government departments, Racing Victoria and stakeholder bodies.

And as always, you can contact me directly on 0459 510 506 or at tbv@racingvictoria.net.au

Until we next speak, stay safe.

Kind Regards,