Business Rural North Winter 2024

| 29 RURAL PEOPLE » NZ Thoroughbred Breeders Mares and foals at Rich Hill Stud. and advocates for New Zealand breeders on a variety of national and international issues. The current membership base is approximately 1300 and is represented right across the country. In addition to its involvement in education, it also produces news and publications. NZTBA actively engage with the government on various issues, including the environment, employment, and taxation. It also plays a crucial role as a key stakeholder in the wider industry. John is excited about the future of the breeding industry in light of the partnership between the TAB and Entain Group and its commitment to increase prizemoney and also invest in education. “This will have a very positive impact on the breeding industry both domestically and internationally going forward. While breeding is a challenge, if you get it right it can be both financially and personally rewarding. It’s a great industry to be part of.” ` Fortnightly mixed bloodstock auctions Tune into gavelhouse.com to view our fortnightly thoroughbred auctions and start your journey to the winner’s circle. FOR MORE INFORMATION CONTACT THE TEAM: E. INFO@GAVELHOUSE.COM P. 09 296 4436 REGISTER NOW& GET READY TO BUILD YOUR SHORTLIST & BID! Investing in thoroughbreds in New Zealand has traditionally been an adjunct to farming that brings both pleasure and potential pro it, says general manager of gavelhouse.comHaylie Martin. “Racing is a hobby and a passion that can be shared with friends but with the potential of inancial return,” she says. gavelhouse.com has become the go-to website to connect those interested in investing in thoroughbred bloodstock with the right opportunity. It is a 100% New Zealand-owned subsidiary of New Zealand Bloodstock and ful ils the need for a more cost-e ective and timely sale alternative, hosting fortnightly auctions for all types of thoroughbred stock along with sales for high pro ile horses, farm dispersals and reductions. “Since it was launched in 2016, our auction platform has embraced the unparalleled e iciency and choice o ered by an online marketplace,” says Haylie. “It puts our thoroughbred marketplace at the ingertips of local and international buyers alike.” Cutting-edge technology partnered with the company’s extensive worldwide network and reputation for selling quality thoroughbreds with integrity, makes the site perfectly placed to provide a valuable service, she says. The site currently holds the world online record for a mare. Called Avantage, she sold for $4.1m in 2021, purchased for a syndicate put together by David Ellis’ Te Akau Racing. For those new to investing in thoroughbred bloodstock, Haylie says there is a wide variety of help and information whether buying to race or A hobby and a passion breed. She recommends New Zealand Thoroughbred Racing’s Love Racing website to gain access to registered syndicators and trainers and New Zealand Bloodstock or the Bloodstock Agents Federation for bloodstock agents. The New Zealand Thoroughbred Breeders Association also has a comprehensive website. All of the major studs and trainers in New Zealand use the site to trade stock and the site has plenty of rags to riches stories, dispelling the common misconception that investing in thoroughbred bloodstock is expensive. “People often only hear of the big sales prices but at gavelhouse.com, while we also achieve these, we do also have really a ordable horses that have gone on to do great things.” Haylie says Entain’s new 25-year partnership with the New Zealand TAB means more money coming into racing, which has resulted in renewed interest in the bloodstock industry. “Entain boosting stakes across the board, New Zealand Bloodstock’s Karaka Millions Series expanding and the introduction of the unique NZB Kiwi slot race are just a few of the positive developments in racing in the past year. gavelhouse.com gives people to opportunity to select from a diverse range of horses either in their own right or by getting a group of mates together to make a syndicate to spread the cost and risk. Whether it be racing a horse or entering the breeding game, it’s the start of an exhilarating new hobby with signi icant potential upside.” We know that people are at the heart of every business. • Administration & Bookkeeping • Compliance • Management Accounting • Advisory & Coaching (07) 827 6102 | shelleytweedy.co.nz | office@shelleytweedy.co.nz | 3/47 Wilson Street, Cambridge

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