Fillies Incentive Bonus Scheme (FIBS)
The Thoroughbred Breeders Queensland Association Committee has been very busy over the past few months developing a new scheme to encourage more interest in fillies.
We have formulated a proposal called FIBS – Fillies Incentive Bonus Scheme. The plan is to have certain races allocated as FIBS races, similar to what occurs with QTIS. However instead of a cash prize, the winning owner would receive a $5,000 bonus credit to spend at the proceeding March QTIS Sale on the purchase of a filly.
It’s hoped this will generate more interest in the fillies market which is never as buoyant as the colts at the sales.
The TBQA requires the assistance of Magic Millions and Racing Queensland to fund this initiative. We have presented both organisations with our detailed proposal and it has been very well received.
We’re hoping for a positive outcome as we head into the New Year so that FIBS can be up and running prior to the 2014 March QTIS Sale.
The TBQA Committee believes that it’s initiatives like this that will help breathe new life into Queensland breeding and racing and we are keen to work beside all industry bodies to achieve these goals. We do ‘Run As One’ and by forging strong partnerships with incentives like FIBS we are showing stakeholders that we are working hard to move forward and strengthen the Queensland industry, despite the hurdles we are constantly facing with lack of State Government funding for prizemoney.
MARKET RESEARCH STUDY
Thank you to everyone who took part in the Market Research Study we have been conducting, your feedback has been vital for the success of this project.
Researchers at the University of Southern Queensland are in the process of analysing the data and compiling a report that we can use as a foundation for improving the Queensland breeding and racing industry.
We hope to be able to release the findings early next year. We will also be drawing the winners of the two QTIS pay-ups at the March QTIS sale.
TAFE Course Best Yet
I would like to congratulate Kellie Monckton who does a tremendous job each year mentoring the Southern Queensland Institute of Tafe Horse Breeding Course at Warwick and providing our industry with skilled employees.
Students cover everything from foaling down and breeding to yearling handling, breaking–in, horse health and welfare. This year they had the opportunity to work at a number of the Magic Millions sales, prepared and sold a TAFE owned yearling at the June sales, took a tour of the Hunter Valley studs and completed work experience with studs and vets in Queensland and NSW. (pictured)
A special mention of appreciation must go to the local studs that support this course each year by opening their doors to students for work experience. They include Raheen, Lyndhurst, Glenlogan Park, Clear Mountain Fairview and Widden. Five of the seven graduating students have now been employed at these Studs.
This year’s course has proved to be the most successful so far. The quality of the students was exceptional and hopefully they will bring to the industry some real talent and enthusiasm.
The TBQA Top Student Award went to Lyn Williams for her great work ethic and outstanding performance in all aspects of the course. Lyn is now working at Glenlogan Park.
The Horse Handling Award was presented to Carissa Wrigley. She showed exceptional ability in handling horses of all ages and has gained employment with Widden Stud.
Kellie has kindly thanked the TBQA and our members for the ongoing support of this course and looks forward to the next intake of students in February. You can contact Kellie at the Warwick TAFE if you’d like to find out more.
MERRY CHRISTMAS TO ALL
On behalf of my wife Di, Basil Jnr and my family, along with all of the TBQA Committee, I would like to wish everyone a very Merry Christmas. Thank you to all our members for your wonderful support this year, we are all working very hard to improve our industry and we are slowly making inroads.
I hope you have a very safe holiday period and are able to take some time out to enjoy the festive season with family and friends. I look forward to continuing to represent you and the breeding industry in 2014. Merry Christmas and Happy New Year.