SUMMER BREEDERS BULLETIN

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SUMMER 2014 OneBaSe have been assisting the NZ Thoroughbred Breeders Association with submissions in relation to the Inland Revenue Departments review of a number of issues relating to the taxation of bloodstock. This has included meeting with the Minister of Racing and Minister of Revenue to gain their support for the review and with IRD offi cials to identify areas of uncertainty within the current tax regime. OneBaSe and the NZTBA have now received the IRDs initial views on these issues and will work together to evaluate the IRDs position. We anticipate being in a position to contribute to the IRD s interpretation of the current position on these issues, with the objective of providing greater certainty to the industry. OneBaSe looks forward to contributing to the success of the NZTBA, its members and the bloodstock industry. Main Phone 07 838 0011 Rob s Phone 07 838 0036 Email rob.b@onebase.co.nz Gilbert s Phone 07 838 0021 Email gilbert.s@onebase.co.nz 2 BREEDERS BULLETIN www.nzthoroughred.co.nz

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SUMMER 2014 171 Ellis Street / PO Box 5359, Frankton Hamilton Ph 07 847 5566 Mobile 021 966 270 Fax 07 847 5621 www.magnum.co.nz Hot Top HorseRail Fencing Hot Cote Electrifiable Wire Fencing Future proof your investment. Safe for all livestock. Strong and durable, low maintenance, easy to install, economical, available in black or white and can be electrified. Provides for a long lasting attractive fence that requires little maintenance. Hot cote uses high tensile wire coated in a high quality conductive carbon compound which can be electrified. Hot Cote wire is available in either black or white. 4 BREEDERS BULLETIN www.nzthoroughred.co.nz

BARNS Goldpine Industries Ltd trading as GOLDPINE BARNS Contact David Edgar 027 230 5052 4 Marshall Street, Morrinsville 3300 A/h (07) 856 2644 Fax. 856 2642 5

SUMMER 2014 6 BREEDERS BULLETIN www.nzthoroughred.co.nz

VALE DON MCLAREN Sadly in November, we lost a great contributor to our industry, Dr Don McLaren. Our thoughts are with his family at this time. A member of the NZTBA since 1969, a member of the Auckland Racing Club since 1974 and committee member of the Auckland Racing Club for fi fteen years before serving a term as President in 1995. Don served as Chairman of New Zealand Thoroughbred Marketing for two years, was elected to the New Zealand Business Hall of Fame in 1999 for his services and success in the business community and awarded the honour of a New Zealand Order of Merit in 2000 for his services to animal health and the thoroughbred industry. Don achieved many accolades in his 81 years, one of which was the award for Outstanding Contribution to the Thoroughbred Industry in 2011 from the Auckland Branch of the NZTBA. 7

SUMMER 2014 SEASON STALLIONS COVERING 10 or more MARES MARES SERVED FOALS HORSES EXPORTED EST. VALUE OF EXPORTS NZ YEARLING SALES AGGREGATE 2001-02 244 7611 5082 1914 $115 million $54.6 million 2002-03 229 7204 5060 1763 $115 million $47.2 million 2003-04 218 6903 4683 1797 $115 million $60.4 million 2004-05 204 6848 4509 1803 $120 million $69.6 million 2005-06 192 6558 4522 1831 $125 million $65.7 million 2006-07 201 6623 4349 1888 $130 million $81.4 million 2007-08 177 6757 4126 1670 $145 million $113.4 million 2008-09 170 6349 4409 1578 $130 million $75 million 2009-10 167 6493 4207 1465 $140 million $93.6 million 2010-11 164 6126 4162 1607 $150 million $88.9 million 2011-12 150 5826 3993 1601 $135 million $77.3 million 2012-13 125 5534 3732 1511 $130 million $72.3 million 2013-14 121 5300 (est) 3600 (est) 1486 $130 million $69.7 million 8 BREEDERS BULLETIN www.nzthoroughred.co.nz

NZTR MEMBERS COUNCIL APPOINTS NEW DIRECTOR TO THE BOARD The Members Council of New Zealand Thoroughbred Racing (NZTR) has appointed Rick Williams to the vacant seat on the NZTR Board following Joe Walls s retirement at the conclusion of the Annual General Meeting held in November. Wayne Guppy, Chairman of the Council, stated: The Council reviewed all applications and agreed to appoint Rick Williams to the vacant seat on the Board and retain the skills of the three directors retiring by rotation, Greg McCarthy, Ben Nettleton and Victoria Carter. Rick will bring enormous racing knowledge and experience to the Board. He has had 30 years of experience as an owner, breeder and manager of commercial stud farms in New Zealand and for the past decade he has also managed The Oaks Stud racing team. Rick graduated from Massey University with a Bachelor of Agricultural Science majoring in Farm Management, Economics and Marketing. He has managed Waikato Stud, Bloomsbury Stud and is currently General Manager of The Oaks Stud and Manager of The Oaks Stud Racing Team for owner Dick Karreman. Rick served on the Council of the Thoroughbred Breeders Association for seven years. As a BNZ Agribusiness Partner, Keith Lunn understands the financial decisions you re faced with because he s been there himself. So if you d like to talk equine industry banking, call Keith at BNZ, where Agribusiness means business. 9

SUMMER 2014 10 BREEDERS BULLETIN www.nzthoroughred.co.nz

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Michael Martin Nicola Griffiths