News
8 June, 2025
Racing helps QLD economy
QUEENSLAND’S racing industry now contributes nearly $2.5 billion annually to the state economy, according to new data released by the Crisafulli Government.
Prepared by IER, Racing Queensland’s latest Size and Scope Report shows the sector grew by $50 million last financial year and has more than doubled its value add since 2016.
Minister for Racing Tim Mander said the report underscores the scale and impact of the industry.
“Racing Queensland’s latest Size and Scope Report once again highlights the sheer size and strength of the State’s racing industry,” Mr Mander said.
A comprehensive review into the future of the sector is currently underway.
RQ Chair Steve Wilson AM said the industry’s steady growth, despite recent challenges, was commendable.
“It’s a significant achievement that... the industry has maintained a continued rise in value added contribution, with more than half directly benefiting regional economies,” Mr Wilson said.
