25/02/15
Yesterday’s website story on what Racing Queensland Chairman Kevin Dixon and Racing Queensland CEO Darren Condon stated in the 2013/2014 Annual Report sparked a flurry of emails given the events of recent times in the racing industry, not only in Queensland – but nationally. Some email writers wanted to know where other publicly available information from that Annual Report could be found.
As the Annual Report for Racing Queensland is 70-odd pages long, even if you locate the document you have to then meander your way through all that information to find parts that your may be interested in.
It’s all publicly available information, so it therefore can be legally reproduced here and in my opinion that’s a good idea, as it helps educate the racing public across the three codes on a little-known part of their industry.
So today I’m reproducing and displaying on my website the pay structure of senior people at Racing Queensland, as the average person in the street wouldn’t have a clue how much a particular executive staffer in Racing Queensland is earning – but they have a right to know – as it is your and my taxes that pay these people.
So here is the list of the bulk of the salary that is paid to Racing Queensland senior staff and members of various Boards. These are the figures listed in the 2013/2014 Annual Report by Racing Queensland to State parliament, dated and signed by Kevin Dixon and Darren Condon on 28 August 2014.
“Queensland All Codes Racing Industry Board Trading As Racing Queensland ABN 80730390733
Notes to and Forming Part of the Financial Statement 2013-14
The remuneration policy for the Members and Chief Executive Officer of Racing Queensland is set by the Governor in Council. The remuneration policy for employees, who are key management personnel, is set by the Board.
Remuneration packages for Members and key executive management personnel comprise the following components:
1. Short term employment benefits which include:
Base consisting of base salary, where applicable, allowances and leave entitlements paid and provided for the entire year or for that part of the year during which the Member or employee occupied the specified position. Amounts disclosed equal the amount expensed in the State of Comprehensive Income.
Non-monetary benefits consisting of the provision of a motor vehicle together with fringe benefits tax applicable to the benefit.
2. Long service leave accrued is the only long term employment benefit provided.
3. Superannuation contributions are the only post employment benefit provided.
9. Key Management Personnel
1 July 2013 – 30 June 2014
Position
Short Term Employee Benefits
$
Long Term Employee Benefits
$
Post Employment Benefits
$
TOTAL
$
Chairperson
(QACRIB & QTRB)
58,685
5,428
–
64,113
Deputy Chairperson
(QACRIB)
44,034
4,073
–
48,107
Deputy Chairperson
(QTRB)
12,243
1,132
–
13,375
Member
(QTRB)
12,243
1,132
–
13,375
Chairperson (QHRB)
And Member (QACRIB)
36,027
3,333
–
39,360
Deputy Chairperson
(QHRB)
12,243
1,132
–
13,375
Member
(QHRB)
–
–
–
–
Chairperson (QGRB) and Member (QACRIB)
39,303
3,636
–
42,939
Deputy Chairperson
(QGRB)
12,243
1,132
–
13,375
Member (QGRB)
12,312
1,132
13,444
Member (QACRIB)
39,303
3,636
–
42,939
Chief Executive Officer
252,452
22,666
20,405
295,523
General Manager Operations
183,330
16,958
20,401
220,689
Acting Chief Executive Officer/Chief Financial Officer
203,943
21,309
80,176
305,428
Chairman of Stewards
225,786
20,885
95,545
342,216
Legal Counsel
98,985
9,156
6,774
114,915
Key
QACRIB = Queensland All Codes Racing Industry Board
QTRB = Queensland Thoroughbred Racing Board
QHRB = Queensland Harness Racing Board
QGRB = Queensland Greyhound Racing Board”
The aforesaid represents the majority of the salary/wages of the persons employed in the abovementioned roles. There are additional “Short Term Employee Benefits” listed in the Annual Report and the only three worth reporting in all those above roles are, in descending order, $54,026 (Acting Chief Executive Officer), $40,500 (Chairman of Stewards) and $33,617 (General Manager Operations).
That overview will give website visitors a pretty fair idea of the remuneration packages of key personnel at Racing Queensland and you can be the judge of whether those people’s performance is commensurate with their salary.
Tomorrow I’ll reproduce a document that like the Racing Queensland Annual Report went to parliament in 2014. Hardly anyone in the racing industry will have seen this little gem but it will be reproduced in part here. Given the events of recent weeks you’ll see how the public will make a mockery of this document also.
Today on www.brisbaneracing.com.au there’s a big montage of photos from my trip to Allora a couple of weeks ago. On www.sydneyracing.com.au there’s the story on a bloke named Dunn not being done just yet in the World Drivers Championship, whilst on www.melbourneracing.com.au Matt Nicholls previews the Tasmanian race today that features The Cleaner.