Don't Just Read the News, Understand It.
Published loading...Updated

'Most Significant Decision in Club's History': Members Vote Against $5.4b Racetrack Sale

  • Australian Turf Club members voted on May 27, 2025, against selling Rosehill Gardens Racecourse for $5.4 billion to the NSW government to enable housing development in Western Sydney.
  • The sale proposal arose from declining race attendance and wagering, and the club's need to fund $1.9 billion in upgrades to other tracks, but members questioned transparency and government commitment.
  • The plan included a 15-year payment by taxpayers, potential 25,000 new homes on floodplain land, upgrades to Warwick Farm, and incentives like bar tab offers worth up to $5,000 to members.
  • 56.1% of members rejected the proposal in a vote conducted in person, online, and by post, with chairman Peter McGauran stating this was the club’s most significant decision in its history.
  • The rejection halted the sale but prompted the club to focus on future racing investments, member benefits, and strategic planning while the NSW Premier expressed disappointment over the lost housing opportunity.
Insights by Ground AI
Does this summary seem wrong?

12 Articles

All
Left
3
Center
2
Right
3
Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

D-Day arrives for fate of Rosehill mini-city

Voting has started over the proposal to turn Rosehill racecourse into a “mini-city” of 25,000 new homes.

·Sydney, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources lean Left, 38% of the sources lean Right
38% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Australian Financial Review broke the news in Sydney, Australia on Monday, May 26, 2025.
Sources are mostly out of (0)