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NZ Racing Board welcomes new Minister for Racing

8 June 2011

NZ Racing Board welcomes new Minister for Racing

New Zealand Racing Board Chairman Michael Stiassny has welcomed the appointment of new Minister for Racing Craig Foss and praised the work of retiring Minister John Carter.

Mr Carter held the Racing portfolio since 2008 but will shortly retire from politics, with all of his portfolios taken over by Mr Foss as a Minister outside Cabinet.

Mr Stiassny thanked Mr Carter for his commitment as Minister for Racing.

"John has been a diligent Minister who understood the importance of the racing industry to New Zealand, an industry which contributes $1.6 billion to the economy and which provides a livelihood for more than 16,900 New Zealanders.

"John recognised the challenging times for the racing industry but was a strong believer that all involved in racing were capable of working together to achieve positive improvements in the industry.

"I look forward to working closely with the new Minister Craig Foss for the benefit of the New Zealand racing.

“Racing is a significant contributor to the national economy and the sport of racing is dear to the hearts of New Zealanders."

ENDS

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