Treasurer Ben Wyatt and Racing and Gaming Minister Paul Papalia respond to questions from the media about the Racing Industry reform package.
McGowan Labor Government has announced a historic reform package for the racing industry to end uncertainty and secure its long-term sustainability. Following extensive consultation with the racing industry and other stakeholders, the State Government will move forward with the sale of the WA TAB and also introduce a 'point of consumption tax' which streamlines taxes for the industry, while also ensuring that foreign-owned corporate bookmakers pay their fair share. The 15 per cent 'point of consumption tax' formed part of the McGowan Government's first Budget, with legislation to be introduced into State Parliament this week to have the streamlined wagering tax system in place by January 1, 2019.
Minister's Video |
Media Statement | Video: Announcement |
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