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- 13 November 2003
Gaming Machine Tax
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Page: 4984
Mr IAN ARMSTRONG: My question without notice is directed to the Minister for Tourism and Sport and Recreation. Will she replace the funding shortfalls to the North Coast Academy of Sport created by her Government's mean-spirited clubs tax, given that the academy has already had at least six sports sponsorship proposals declined by North Coast clubs due to insufficient funds?
Ms SANDRA NORI: I restate some facts that have been aired in this Chamber on a number of occasions. They are worth repeating. There are approximately 1,400 clubs in New South Wales. Under the proposal, one-third of them will pay no State tax, one-third will pay less State tax, and, yes, one-third will pay more State tax. Clubs have poker machine revenue of approximately $2.5 billion after State tax. By 2011, clubs will have poker machine revenue of approximately $3 billion after the new State taxes.
Mr SPEAKER: Order! I call the honourable member for Upper Hunter to order.
Ms SANDRA NORI: Club gaming revenues have increased by 88 per cent over the past nine years. Out of every $100 that the wealthiest 490 clubs take from poker machines, they give back in the form of community contributions just 80ยข.
Mr SPEAKER: Order! The Leader of The Nationals will come to order.
Ms SANDRA NORI: The salaries of the top 60 club executives would be sufficient to employ 347 first-year nurses. This Government will not allow clubs to cut back their support for community groups. Specifically in relation to sports, I want to say that in regard to clubs' funding of non-professional sport, they can claim a rebate of up to 0.75 per cent of gaming revenue when over $1 million is spent on non-professional sport, including coaching, uniforms and equipment.
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