Victoria Minister for Racing Denis Napthine
Another Labor Black-Hole Found At Cranbourne
Victor P Taffa
The Victorian Coalition Government has again been forced to fix up a financial black-hole left by the previous Labor Government.
Minister for Racing Denis Napthine said Labor had left a $2 Million black-hole in the upgrading of the Cranbourne Racecourse.
“Late last year, on the eve of the election, the former Minister for Racing suddenly announced that the Labor Government would fund the installation of lighting for night racing at Cranbourne.” Dr. Napthine said.
“While this is a worthy upgrade, the previous Labor Government, in its haste to fund the project in the threatened Labor seat of Cranbourne, failed to properly scope or cost the project.”
“Labor said the project would cost $4.7 Million, well short of the $6.7 Million actually required.”
“This monumental miscalculation is yet another example of how the previous Labor Government was more concerned with media profile rather than the racing industry.” Dr. Napthine said.
Dr. Napthine said the Coalition Government would work closely with Racing Victoria to make sure this important project went ahead.
“The Coalition will provide an extra $1.4 Million taking the Government’s making the Government’s total contribution $4.69 Million towards the $6.7 Million Project.” Dr. Napthine said.
“The industry, through Racing Victoria and Country Racing Victoria, will provide the remaining $600,000 to complete the project.”
“The Coalition Government is committed to maintaining and developing racing as a significant industry in Victoria and to ensuring that thoroughbred, harness and greyhound racing continue to flourish.” Dr. Napthine said.