BRISBANE, Queensland, May 29 -- The Queensland Cabinet issued text of the following statement:
Minister for Sport and Racing and Minister for the Olympic and Paralympic Games
The Honourable Tim Mander
Racing continues to spur Queensland economy
* Queensland racing industry grows by $50 million from FY23 to FY24.
* Racing's impact on the Queensland economy nears $2.5 billion annually.
* The industry supports almost 14,500 full-time jobs across Queensland.
The Crisafulli Government has released new data showing Queensland's racing industry now contributes close to $2.5 billion per annum to the State's economy.
According to independent data from research specialists IER, the Queensland racing industry is going from strength to strength...