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RACING AUSTRALIA ANNUAL REPORT 2016

CHIEF EXECUTIVE OFFICER'S

REPORT

continued

7. NEW RULE ON SECRET COMMISSIONS

Recent cases involving secret commissions have

served to bring racing into disrepute. Although

Australian Rule of Racing 175(a) makes it an offence to

engage in a “dishonest, corrupt, fraudulent, improper

or dishonourable action or practice in connection with

racing”, Racing Australia believes that a specific rule

outlawing secret commissions is required to maintain

public confidence in the industry.

Accordingly, the Board of Racing Australia has

introduced a new rule that will apply to the selling and

trading of all Thoroughbreds. The new rule will be in line

with proposed measures to bring forward transparency

of ownership from birth of a foal to capture all those

involved in the dealing of Thoroughbreds.

CONCLUSION

As this is my last Annual Report following my

resignation as CEO on 16 December, 2016, I wish to

take the opportunity to thank my colleagues and staff

for their support over almost 5 years. It has been an

entirely enjoyable and productive workplace where

all have striven to implement the vision conceived in

the Australian Racing Board and executed through

Racing Australia. There are far too many to individually

name but I do want to acknowledge the invaluable

contribution of my senior colleagues Operations CEO

Myles Foreman and Owners and Breeders Services

Manager Jacqueline Stewart towards Racing Australia’s

success.

I also wish to thank Racing Executive Mary Capuano

and Manager (Regulation and Policy) Brent Leisemann

for their support and commitment. We worked closely

and harmoniously as a team at first the Australian

Racing Board (ARB) and then Racing Australia.

I wish to acknowledge and thank Chairman

John Messara AM for his unfailing support and

guidance. He is a chairman who leads from the front

and never wavered in his vision of Racing Australia

ushering in a new era of integrity and animal welfare

standards. He brought great dedication and conviction

to his chairmanship and was a consistent source of

inspiration for staff and Directors alike. I am grateful to

him for his counsel and friendship.

I also wish to acknowledge the support and

encouragement given to me by Racing Australia

Directors and State and Territory Principal Racing

Authorities. They were generous and forthcoming at all

times with their counsel, advice and resources.

It has been a privilege to lead the organisation in its

formative years and I wish it well into the future.

Peter McGauran

Chief Executive Officer