Harness Racing Victoria (HRV) has announced drivers will receive superannuation payments in accordance with legislative requirements.
From July 1, drivers’ fees will be $71.18 per race, an increase from the current $65 payment to allow for a 9.5 per cent superannuation guarantee.
The decision, made in conjunction with Harness Racing New South Wales, was welcomed by Victorian Trainers and Drivers Association president Lance Justice.
“Drivers have been pushing for this for a long time. It’s great that it has got up,” Mr Justice said. “Driving is like any job. The industry is up and down and a driving career can come to a finish at any moment. Moving forward, it’s a great announcement and I applaud HRV’s effort to better support drivers.”
HRV CEO John Anderson said whilst the decision to introduce superannuation payments was enforced on HRV, it would give drivers greater long-term financial surety.
“HRV continues to support industry participants where possible and we have made changes to our processes within our finance system to cater for this,” Mr Anderson said.
Association of Victorian Country Harness Racing Clubs CEO David Brick said support and care within the industry was “a core strength of Victorian harness racing”.
“Assisting drivers to ensure they have savings for later in life is an extension of the industry’s support for one another,” Mr Brick said.
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