On the positive side, a breeders bonus has come into effect, not at the beginning of our season (1st of January to 31 December), but the TAB's financial year starting on the 1st of August, and is as follows:
Three weeks into the new financial season and the new breeding bonuses have seen New Zealand-bred sires win $146,879 in stakes. Under the new New Zealand-bred scheme breeders get 10 per cent of any stakes that eligible horses win. So far that equates to $14,687.90. To be eligible every horse must be born in New Zealand, sired by a New Zealand bred stallion that stands in Australasia. This bonus will go to the breeder of the horse and will be paid out in July next year.
Also starting from the 1st of January 2024, all two year olds registering their first win will get a bonus of, $8000 to owner, and $4000 to the breeder, on top of the winning stake. A good step forward, and my thoughts, which I have expressed to HRNZ, are that it would be good if all maiden winners could get that bonus, because in reality most of our horses only get one win, if we are lucky, and an added top up would be worthy recognition of our financial efforts.
Cheers.
Robert.