Greyhound racing in Australia continues to be an economic powerhouse. In the financial year 2022–23, the industry delivered a massive $2.45 billion in value‑added to the national economy and supported nearly 14,700 full‑time equivalent jobs, not including the many casual and part‑time positions that form the backbone of many clubs.
With 56 racing clubs, 4,228 race meetings, and over 47,500 races, the sport attracted more than 611,000 attendees and offered $209 million in prizemoney nationwide.
Taxation Impact
The FY 2022–23 Taxation Study, carried out by IER for Greyhounds Australasia, reveals that the industry generated $731.4 million in taxes—covering both direct government levies and taxes generated through supplier activity. After deducting government funding of $85.7 million (including $4.1 million in grants), the net fiscal contribution stands at $645.8 million.
Regional Highlights
|
Jurisdiction |
Net Tax Contribution (AUD million) |
|
New South Wales |
221.3 |
|
Victoria |
198.3 |
|
Queensland |
97.9 |
|
Western Australia |
53.2 |
|
South Australia |
43.7 |
|
Tasmania |
10.4 |
|
Northern Territory |
14.6 |
|
Australian Capital Territory |
6.2 |
Economic and Community Value
Beyond taxation, the industry’s economic footprint—jobs, spectator attendance, and prizemoney—demonstrates deep community and regional engagement. The flow-on effects from suppliers and supporting services underline its wider value.
The 2022–23 data highlights greyhound racing’s dual role as a vibrant entertainment sector and a significant net contributor to Australia’s economy through both fiscal revenue and employment. It remains a powerful player on and off the track.
Click here for for the full details from Greyhounds Australasia https://galtd.org.au/2025/09/07/greyhound-racings-inaugural-taxation-report-reveals-significant-economic-contribution/
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