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Treasurer; Minister for Finance; Aboriginal Affairs; Lands

Q&A: Certainty for the WA racing industry with historic reform package

Treasurer Ben Wyatt and Racing and Gaming Minister Paul Papalia respond to questions from the media about the Racing Industry reform package.

The 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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NOTE: If the video does not start, it can be accessed by using the links below to either: download to your local computer or; play on smartphone and tablet portable devices.