New Zealand Thoroughbred Racing (NZTR) welcomes comments by Racing Minister Winston Peters calling for collaboration to secure the long-term future of racing in New Zealand.
The TAB NZ Advisory Committee has today released its proposals for reform of the racing sector, some of which would require legislative change.
NZTR Board Chair Russell Warwick said NZTR has consistently supported a collaborative approach to considering these proposals.
"To date, that collaboration has been lacking and it now appears we are at an impasse," Mr Warwick said.
"To move forward, the Committee must be willing to engage in genuine negotiation rather than simply seeking agreement to the proposals as they currently stand.
"We also note the Minister's view that legislative reform should be a last resort. NZTR believes much of what needs to be achieved can be delivered within existing frameworks."
While discussions on the future structure of the industry continue, NZTR's immediate priority remains providing certainty around funding for the 2026/27 season, which begins in just 36 days.
“To provide certainty for participants, NZTR is committing to maintaining funding at current season levels for the next three months. This will ensure clubs and participants can continue to plan and operate with confidence while longer-term funding arrangements are finalised."
Mr Warwick said NZTR has been actively engaged throughout the process, despite being unable to comment publicly due to confidentiality obligations.
"The Board has commissioned independent legal advice, sought further information and analysis, asked detailed questions and participated in constructive discussions. NZTR has consistently demonstrated through its actions a willingness to engage positively on reform."
Mr Warwick said several initiatives already underway across the industry align with the objectives of reform, and NZTR remains committed to finding common ground.
"New Zealand racing supports more than 100,000 participants, employees, volunteers and stakeholders across the country. Our focus remains on working collaboratively to achieve outcomes that strengthen the industry and support its long-term success," Mr Warwick said.
