Queensland is to receive a long overdue boost in the way of a bonus scheme which was introduced last Saturday.

Finally, at last the racing industry is receiving the overdue recognition it so richly deserves, it is a huge employer of labour, up to date it has all been one way traffic.

“The Queensland racing industry has been waiting for this day for years,” said TBQA President, Basil Nolan.

“We will finally reap the rewards of the highly anticipated changes to the Queensland Thoroughbred Industry Incentive Scheme (OTIS), and the increased prizemoney, negotiated by the former Racing Queensland Board through the Tattsbett deal”

Breeders will receive an equivalent of 6 per cent of the winner’s OTIS bonus for all OTIS races in Queensland, for the progeny of Queensland based stallions

This is applicable to 2YO, 3YO, and 4YO racing, and will include the progeny of every QLD based stallion, for the crops conceived in the breeding seasons of 2010 through to 2014 (inclusive).

This bonus is for nominated Queensland stallions from 2015 onwards.

Free racing for all OTIS registered horses, beginning with the 2 YO’s in the 2015- 16 season, following this through their careers and applicable for all future OTIS racing crops.

Free racing can be interpreted as meaning no starters fees, no nomination or acceptance fees, and no jockey fees, regardless of the finishing position.

The only exclusion to this would be for Black Type races.