In a reaction to the NSW government banning greyhound racing, Racing NSW announced on September 13 that it will introduce a 1% levy on the $204 million it pays in prize money to look after horse welfare.
Racing NSW will form a new department, including vets and staff to retrain racehorses and place them within the horse community beyond their time on the track.
Its role will be to establish partnerships with riding schools, pony clubs and other equestrian organisations to promote re-homing of thoroughbreds.