An Australian racing powerbroker is urging Premier Chris Minns to overturn a decision to extend the contract of Racing NSW chairman Russell Balding amid growing concerns over the new laws needed to permit his unprecedented 14-year-term.
An Australian racing powerbroker is urging Premier Chris Minns to overturn a decision to extend the contract of Racing NSW chairman Russell Balding amid growing concerns over the new laws needed to permit his unprecedented 14-year-term. The Minns government on Monday announced it would introduce legislation to allow Balding, the former ABC managing director, to continue as chair of Racing NSW for another two years, pushing his tenure well beyond the maximum 10 for state statutory authorities.
It will be the third time a government has passed legislation extending his directorship, despite senior racing figures privately urging the newly elected Labor government to introduce fresh blood to the board. The then Coalition government extended Balding’s term in 2021, although a former senior minister who declined to be named due to cabinet confidentiality confirmed that the issue divided the cabinet and ministers, who reluctantly agreed to the extension on the condition it would be Balding’s final ter
Australian Racing Powerbroker Premier Decision Extend Contract Racing NSW Chairman Russell Balding Concerns Laws Permit 14-Year-Term
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