The enduring issue of Owner related training debt that has for so long plagued the training industry, has finally been addressed by Racing Australia (RA) and Principal Racing Authorities (PRA’s) with the introduction of wide ranging reforms from 1 August 2017.
The Trainer & Owner Reforms, or TOR, one of the most significant reforms in Australian racing in modern times, will dramatically change the relationship between two key stakeholders - Owners and Trainers.
The Australian Trainers’ Association has long been an advocate for reform in this area, arguing Trainers deserve greater protections than have historically existed around financial security within the Trainer/Owner relationship. After many years of lobbying, we are delighted our efforts have realised an outcome of substance.
The Trainer & Owner Reforms, which includes a prescribed process for the Trainer and Owner to engage contractually, standardised documents and agreements for use by the parties, and a tribunal established in each state to manage and adjudicate on training disputes, will be enshrined within the Australian Rules of Racing.
For a copy of the new Rules, to read FAQ’s on this subject, and to download the standard documents, please visit www.racingaustralia.horse
ATA Members can also access additional information and documents on the ATA website, including a template Fees Notice and an alternative TOR compliant Advanced Training Agreement. (Please note - Members Login is required)
You can also contact the Australian Trainers’ Association, either in person or by email with your query - we are more than happy to assist where we can.