When does all this take into affect?
Victoria always been pro exchange
Australian racing
Just got up and ready for UK racing.
15% is completely bonkers. I don't think they put much thought into it and will probably kill off the industry the way they're going.Cards37 wrote: ↑Tue Jun 05, 2018 6:57 amNoooooooooooooooooooooooo
https://www.canberratimes.com.au/nation ... 4zjkq.html
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TipTopTrader
- Posts: 465
- Joined: Fri Feb 16, 2018 8:29 pm
Watch this for more info on it. https://www.youtube.com/watch?v=ijbgvhQsXvM&t=1s. You don't earn any betfair discount points in South Australia because of the point of consumption tax.But still on pay 6% commission the same as Victoria and Queensland.You have to pay 10% in NSW and 8% in Western Australia.The commission is not going to be 15%.
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TipTopTrader
- Posts: 465
- Joined: Fri Feb 16, 2018 8:29 pm
They also have a interview with the CEO of Betfair Australia on the same channel https://www.youtube.com/watch?v=mPTqOIM2e74
At work now so thanks will watch them when I get home.
It just frustrates me no end the debate is so unsophisticated in Australia. It’s all about smoke and mirrors, the appearance of doing something to prevent problem gambling. All they are really doing is making potentially profitable forms unviable and pushing people to the higher margin products where they lose even more - but tax revenues go up.
It just frustrates me no end the debate is so unsophisticated in Australia. It’s all about smoke and mirrors, the appearance of doing something to prevent problem gambling. All they are really doing is making potentially profitable forms unviable and pushing people to the higher margin products where they lose even more - but tax revenues go up.
Thanks, did well last night but didn't realise it was a carnival. Turnover wasn't great but plenty of activity.
I've exported the list below out of my accounts database. The list won't be comprehensive, just the meetings I've traded and the meetings listed at 5% are probably now 6% - it was just a promotional period.
Code: Select all
Meeting Name MBR
Albury (AUS) 8
Ararat (AUS) 5
Armidale (AUS) 10
Ascot (AUS) 8
Balaklava (AUS) 6
Ballarat (AUS) 6
Bathurst (AUS) 10
Beaudesert (AUS) 6
Benalla (AUS) 5
Bendigo (AUS) 6
Bordertown (AUS) 6
Canberra (AUS) 6
Canterbury (AUS) 10
Casterton (AUS) 6
Caulfield (AUS) 5
Cessnock (AUS) 10
Coffs Harbour (AUS) 10
Dalby (AUS) 6
Devonport (AUS) 6
Doomben (AUS) 6
Flemington (AUS) 6
Gatton (AUS) 6
Gawler (AUS) 6
Geelong (AUS) 6
Geraldton (AUS) 8
Gold Coast (AUS) 6
Gosford (AUS) 10
Goulburn (AUS) 10
Grafton (AUS) 10
Gunnedah (AUS) 10
Hamilton (AUS) 6
Hanging Rock (AUS) 6
Hobart (AUS) 6
Ipswich (AUS) 6
Kembla Grange (AUS) 10
Kilmore (AUS) 6
Kyneton (AUS) 5
Launceston (AUS) 6
Lismore (AUS) 10
Mackay (AUS) 6
Market Rasen (AUS) 5
Moe (AUS) 6
Mornington (AUS) 5
Morphettville (AUS) 6
Moruya (AUS) 10
Murray Bridge (AUS) 6
Murwillumbah (AUS) 10
Muswellbrook (AUS) 10
Naracoorte (AUS) 6
Nowra (AUS) 10
Pakenham (AUS) 5
Penola (AUS) 6
Pinjarra (AUS) 8
Port Lincoln (AUS) 6
Randwick (AUS) 10
Rockhampton (AUS) 6
Rosehill (AUS) 10
Sale (AUS) 6
Sandown (AUS) 6
Stawell (AUS) 5
Stony creek (AUS) 5
Strathalbyn (AUS) 6
Sunshine Coast (AUS) 6
Swan Hill (AUS) 6
Tamworth (AUS) 10
Taree (AUS) 10
Terang (AUS) 5
Toowoomba (AUS) 6
Townsville (AUS) 6
Wagga (AUS) 10
Wangaratta (AUS) 6
Warrnambool (AUS) 6
Warwick (AUS) 6
Warwick Farm (AUS) 10
Wellington (AUS) 10
Werribee (AUS) 5
Yarra Valley (AUS) 5