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Deputy Premier Troy Grant's Speech On Wagering Taxation
NSW Deputy Premier and Racing Minister Troy Grant yesterday delivered a speech during Question Time regarding the wagering tax legislation introduced to parliament on Wednesday. The legislation will give NSW wagering tax parity with Victoria in increments from January next year. A total of $235 million will be returned to NSW racing over the first five years and an extra $90 million per year thereafter, with full tax parity to be achieved by 2020. Click here to read the Minister's full speech.