Racing in Western Australia will receive a boost with new State Government funding for the 2017 TABtouch Masters series.
WA’s biggest annual racing festival will be provided with $200,000 from the State Government as part of a WA election commitment.
The event to be held on November 25 and December 2 is the world’s only single-track thoroughbred racing festival including a Group One race worth at least $1 million on three consecutive Saturdays.
The series includes the Railway Stakes, Winterbottom Stakes and the Kingston Town Classic with a prize pool for the series is $5.2 million.
Funding will go towards attracting renowned Australian and international thoroughbreds to Perth to raise the festival’s profile and increase attendance.
It will also go towards marketing the event nationally and internationally, including travel packages.
Tourism Minister Paul Papalia will launch the packages in key tourist market Singapore next week.
Premier Mark McGowan said the event “will help attract visitors to Western Australia”.
“Tourism is a key pillar of the State Government’s plan to diversify the economy and create jobs,” he said.
“In fact, it created $10 billion in visitor spend last year and generates about 109,000 jobs.”
Mr Papalia said WA’s public profile would be boosted by events held in the State.
“Hosting events is a vital component of driving visitation to Western Australia, as events not only add vibrancy but also provide a boost to the local economy and promote the destination through media exposure,” he said.
He said the event would help boost visitors to the State.
“The TABtouch Masters series will also help showcase Perth’s significant transformation to visitors, including its new public spaces, hotels, restaurants and bars,” Mr Papalia said.
“The State Government has been working hard to get the message out there that Perth is no longer expensive and there are plenty of quality accommodation options to choose from.”