Is upgrading regional racecourses a priority for Government investment?

Given the need to reduce State government debt and to restore our AAA credit rating, as well as the far more worthwhile infrastructure investment opportunities that are available, I’m surprised the Government has advanced Racing Queensland $20 million for a number of projects, including an upgrade to Cluden racecourse in Townsville (Cluden’s $6m revamp). Private sector investors are quick to back winners, so governments typically end up backing only losers.

This entry was posted in Industry policy, Infrastructure, Townsville and tagged . Bookmark the permalink.

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