Bloodstock

More than 1200 yearlings on sale at Karaka

[28 January/Radio NZ] The first day of the annual Karaka bloodstock sales saw almost $11 million worth of yearlings sold, a very positive start to the week. This week, 1284 horses will go under the hammer, with 70 sold on day one at an average cost of $150,000. The highest priced horse on day one...

NZ First gets tax change for race horse investors through the gates

[17 May/Stuff] The Government’s first budget saw Winson Peters secure a tax change that means new investors in race horses would be $5 million better off over the next four years. A rule change meant new investors in the industry would be able to claim tax deductions for the cost of horses, even if they...

Sir Patrick Hogan squeezes in one more sales pitch at Karaka – and it works

[31 January/ Stuff NZ] Sir Patrick Hogan has taken every opportunity he has been given over the years, and he made the most of the one he was given when he was being honoured for his forty plus years of leadership in the Bloodstock industry with Cambridge Stud. He took the opportunity to inform the...

Karaka yearling sale gets a makeover

[29 January/Radio New Zealand Business] The Karaka yearling sales have seen some changes this year with the intention of encouraging international buyers to stay longer and spend more.  The sales are the biggest week of the year for the New Zealand bloodstock industry as buyers fly in from around the world to source New Zealand...