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Happy New Year! As I prepare for yet another visit to the QLD Magic Million sales, it occurred to me that it has been too long since I shared my insights as to what a new industry player should be mindful of, tax wise, before they commence a horse breeding and/or racing business. Given January…
News Archives
Happy New Year! As I prepare for yet another visit to the QLD Magic Million sales, it occurred to me that it has been too long since I shared my
TBNSW Board Member Vicky Leonard was among five outstanding women recognised at the recent 2026 Magic Millions Racing Women Achievement Awards. Leonard received the NSW & ACT award, acknowledging her
Key Insights: 1. Carried-forward revenue losses reduce taxable income and can be critical in keeping adjusted taxable income below the $250,000 threshold for non-commercial loss purposes. 2. Revenue losses carried
With each passing year, it appears that the racing and breeding industries become increasingly political. Recently, representatives from TBNSW attended an interview with the Honourable Brad Hazzard, who has been
Despite retiring from stud duties in 2023, Deep Field continues to assert his influence on the racetrack. As the most expensive yearling sold at public auction from the first crop
The 2026 Magic Millions Gold Coast Yearling Sale is just around the corner and is again set to showcase another stellar lineup of potential racetrack superstars. The star-studded catalogue across
Arrowfield Stud sire The Autumn Sun (Redoute’s Choice) has moved beyond the “promising young sire” category and is now firmly operating as a consistent, high-output stallion whose stock are performing
Back in May of this year I was very pleased to share details of a tax case that held that a farmer need not pay Capital Gains Tax (CGT) on
Thoroughly Schooled is an introductory discovery program designed to give students a hands-on insight into the Thoroughbred horse industry. TBNSW partners with the HTBA, Training Services NSW, and Racing NSW to
