Why is there a trial to pay stakeholders weekly?
HRNZ introduced weekly stake payments better align with the way participants operate and manage cash flowwhile also modernizing our financial processes. Our participants incur weekly costs (food, staff, transport, veterinarians). Weekly payments ensure that income from the stake is received closer to the time the costs are incurred, reducing financial pressure.
Has this change been requested by owners/trainers/drivers?
This is an initiative of HRNZ.
Does the weekly payment take place in other countries?
Yes, but there is no consistent approach.
When will the final decision be made on whether the policy will be implemented sustainably?
End of March 2026
Are you happy with the turnover during the holiday races?
All things considered, yes. There were undoubtedly challenges along the way, but we saw positive progress at several key meetings, and this was partly driven by greater utilization of our horses. What also needs to be taken into account goes beyond just turnover. “Active bettors” engaged in Harness Racing continue to grow, and this indicates that at a time when financial pressure on households is easing, customer growth should in turn be reflected in additional betting growth.
Is anything known about the final figures for the past breeding season?
The final figures of the stallions are expected on February 28. NZSBA conducted a survey in November that showed bookings were moving in the right direction. The conversations with stud farm managers were also generally positive. We remain optimistic that we will achieve a much better result than the previous year.
Are you concerned about the small number of starters in some feature races?
It would be irresponsible to say no. There are several changes and improvements coming to the races we run, from programming to stakes level adjustments that reflect the support and value these races provide to the industry, which are just some of the key performance metrics. We do a bigger piece of work by providing a focused lens on our entire group and a racing calendar, and in turn some additional, consistent oversight. Where group and main races fail to perform, they are at risk of being downgraded in both stakes and status, and on the other hand, if they do well and add value, there is an opportunity to increase stakes and, if appropriate, group status as well.
Are you excited about the increasing number of international bloodlines at our upcoming yearling sale, including some strong Australian trotting products?
Absolute. The increasing presence of international bloodlines, particularly high quality Australian trotting animals, is a very positive signal for the New Zealand industry. It reflects the growing confidence in our yearling sales as a truly international marketplace.
For buyers, it adds depth, choice and competitive excitement. For breeders, it reinforces the value of matching New Zealand strengths with proven global genetics. And for the industry in general, it supports our long-term goal of producing horses that can perform domestically And rise on the international stage. We are restoring the unique character of our NZ family trees.
Are any changes likely for the Harness 5000 series?
Just that the series started from January 1, 2026 and the leaderboard is already available on the HRNZ website. Like many of our initiatives, we continue to evaluate whether ongoing improvements can be made.
Are there any new races or feature series on the horizon?
We are always looking to improve the feature and base races based on performance and feedback. There will be a few more announcements in the coming months.
Most junior drivers find it difficult to move up to the higher ranks. Is it taken into account in any way that there are certain concessions available to juniors who are just out of time?
We recognize that the transition from junior to senior ranks is a crucial point in a driver’s development and can be challenging.
HRNZ continues to look closely at how we can best support that transition, while maintaining the integrity and competitiveness of its senior executives. Any further consideration of concessions such as time-limited allowances must be carefully considered and evidence-based, and assessed alongside existing junior pathways, education and riding opportunities.
It is an area that continues to be actively assessed, and we will continue to work with stakeholders as we develop the most appropriate options. However, a significant number of concessions already exist and there are no immediate plans to change this.
Do you have any other positive news you would like to share with stakeholders?
Taupo reintroduced turf racing to the upper North Island. It was extremely well received by participants with very strong starter numbers. We will review the results and discuss further options with the Taupo Racing Club. I thank their chairman Terry and committee for their support.
Through Bruce Stewartfor Harnesslink
#Questions #answers #Brad #Steele