A strike threatening to derail Queensland’s spring racing season has been averted after the state government agreed to boost prize money funding.
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Following meetings on Friday between the Thoroughbred Alliance and Deputy Premier Jackie Trad and Racing Minister Stirling Hinchliffe, Queensland thoroughbred races will receive an extra $26 million in prize money over the next six months.
The deal involves an immediate $18 million injection and a further $8 million in six months. While it has come too late to salvage race meetings this weekend, it does mean future meetings won’t be affected by strikes.