Latest News
• Add My News • Search Old News
Racing Carnival brings economic boostThe economic impact of the 2002 Latrobe Spring Racing Carnival, ‘The Power of Racing’ has been estimated at $3.38 million according to an independent report prepared consultants IER Strategic. By Latrobe City - 7th May 2003 - Back to News Latrobe City Chief Executive Officer, Mr Richard Hancock said that he welcomed the findings of the report, commissioned jointly by Latrobe City and Gippsland Racing, which indicated that more than 10,000 people attended the four days, an increase on the previous year.
"The report reveals that the Carnival, held on four racedays at both Moe and Traralgon between 4 October and 15 November 2002, also attracted more than 900 visitors from Melbourne and interstate.
"IER Strategic calculated the daily spending on a range of areas including food and beverage, entertainment, accommodation, transport, fashion and shopping, and concluded that more than $3.3 million was generated for the region," Mr Hancock said.
"As well as the economic benefits of attracting visitors to Latrobe City, the report also indicated that additional employment created over the period of the Carnival, in part-time and casual jobs amounted to the equivalent of 35 full-time jobs," Mr Hancock explained.
The IER Report also stated that the 42% of the wagering turnover from the Carnival, which is returned to the racing industry, is put back into the local community either directly or indirectly through prizemoney and salaries.
Commenting on the report, Gippsland Racing Chairman, Lance McMillan said that the study underlines the importance of Country Racing to the economy of local communities.
"The wonderful support of Latrobe City Council has ensured that ‘The Power of Racing’ has become a very significant event for the local region," Mr McMillan said.
Mr Hancock added that the figure of $3.3 million arrived at by the consultants did not take into consideration spending associated with the five other community events conducted during the same period. These included the World Masters Games Open Swim, Pit Stop Latrobe, Herald Sun Tour and Power Industry Association State Golf Championship, all of which attracted visitors to the region.
"The economic impact of these events will be included in this year’s post event evaluation," Mr Hancock said.
There was an interesting analysis of the number of overseas visitors to Latrobe City during the period of ‘The Power of Racing’, which showed an unusually high proportion of European visitors.
"This figure is thought, in part, to be linked to the high number of migrants in the region who receive visits from friends and relatives. The World Masters Games events are also thought to be a contributing factor," Mr Hancock continued.
"However, this area has been identified by the consultants as one of great potential for development in future carnivals," Mr Hancock said.
"Overall, the report indicates that the Spring Racing Carnival has major monetary and social benefits for the region, and if visitor numbers, especially overseas visitors, continue to rise, the positive economic impact on Latrobe can only be greater.
"The success of ‘The Power of Racing’ helps contribute to the increasingly high profile Latrobe City is earning as a sporting and leisure destination," Mr Hancock concluded.
Source: www.gippsland.com Published by: news@gippsland.com
Related Articles- Phillip Island prepares for final MotoGP weekend celebrating three decades of racing, community spirit, entertainment and history
Phillip Island will host its final MotoGP from October 23-25, celebrating three decades of racing while showcasing community festivities, entertainment and the island’s motorsport legacy. - Australia Post invests in Morwell parcel facility, boosting Latrobe City jobs, economic diversification and future growth opportunities
Australia Post has begun construction of a 10,000-square-metre parcel facility in Morwell, consolidating regional operations, supporting local jobs and strengthening Latrobe City’s economic diversification and investment opportunities. - Katie Noonan brings intimate 'Alone But All One' tour to Cowes for regional Australian audiences on 10 October 2026
Katie Noonan brings her intimate Alone But All One tour to Cowes’ Berninneit October 10, with interview opportunities September 23 and ticket giveaways available for audiences through Gippsland.com. - Six Latrobe Valley businesses receive funding to diversify, boost productivity and strengthen supply chains during economic transition
Six Latrobe Valley businesses will receive funding through the Gippsland Supply Chain Resilience Program to improve productivity, purchase equipment, expand markets and strengthen supply chains amid regional economic transition. - Damian Callinan brings hall stories to Woodleigh for a night of rural Australian comedy on 9 October 2026
Comedian Damian Callinan brings his hit show Hall Stories to Woodleigh Hall, celebrating rural Australian halls, local characters and history, with a podcast documenting the hall's story afterwards. - Flight Test Range Command Centre opens at Latrobe Airport, boosting Gippsland's drone and aerospace industries and economic diversification
A new Flight Test Range Command Centre at Latrobe Regional Airport will support drone and aerospace innovation, attract investment and create jobs across Gippsland's emerging Advanced Air Mobility sector. - Labor government boosts Latrobe Valley businesses with funding to strengthen supply chains, expand markets and support future growth
The Carroll Labor government is funding six Latrobe Valley businesses to upgrade equipment, software and skills, strengthen supply chains and expand markets. - Wellington Shire Council invites community feedback on three strategies guiding local economic growth, arts, culture, leisure and infrastructure through 2037
Wellington Shire Council is seeking community feedback on three strategies covering economic development, arts, culture, leisure and infrastructure, with consultation open until November 8, 2026, to guide priorities and investment through 2037. - Live and Loud at GPAC brings AFL Grand Final action, family fun and entertainment to Traralgon on 26 September 2026
Latrobe City Council will host Live and Loud at GPAC on September 26, featuring family activities, entertainment, a ticketed musical-acrobat performance and free live screening of the 2026 AFL Grand Final. - Gippsland Water's people's panel brings 50 customers together to help shape future plans and pricing priorities for the region
Gippsland Water's People's Panel has brought together 50 randomly selected customers to help shape future plans and make recommendations influencing the corporation's 2028-33 Price Submission. - East Gippsland planning roadshow brings expert advice to Mallacoota residents, improving access to local services
East Gippsland Shire Council's Planning Roadshow will visit Mallacoota on August 17, offering residents face-to-face planning advice, permit guidance and access to the new AI-powered myLot planning tool. - East Gippsland's new disability network brings diverse community voices together to help shape council decisions and services
East Gippsland’s new Disability Network has attracted 33 expressions of interest, bringing together people with disability, carers, families and sector representatives to help shape Council decisions and improve accessibility. - Palm Lake Resort Paynesville welcomes 100th resident, boosting East Gippsland’s retirement living and local economic growth
Palm Lake Resort Paynesville has welcomed its 100th resident, highlighting growing demand for retirement living and investment supporting local businesses and economic activity across East Gippsland. - Melina Bath announces $53.6M boost to patient travel assistance for regional Victorians under Nationals-Liberal government
Melina Bath says a proposed $53.6 million boost to Victoria’s patient transport assistance would increase accommodation and travel reimbursements, easing healthcare costs for regional patients travelling long distances for specialist treatment. - Latrobe City extends Phoenix partnership, securing NBL matches and delivering sporting, community and economic benefits
Latrobe City Council has extended its partnership with South East Melbourne Phoenix, securing two NBL matches across the next two seasons, delivering elite sport, community engagement and economic benefits. - New Flight Test Command Centre opens at Latrobe Airport, boosting advanced aviation jobs, investment and innovation
A new Flight Test Range Command Centre at Latrobe Regional Airport has opened, supporting advanced aviation research, attracting investment, strengthening local businesses and creating new jobs across Gippsland. - The Nationals pledge $10M boost for Victoria's Neighbourhood Houses, supporting community hubs facing rising demand and cost pressures
The Nationals have pledged $10 million over four years for Victoria's Neighbourhood Houses, including $4 million for existing services and $6 million to establish and expand hubs in growing regions. - Latrobe Regional Gallery unveils spring exhibitions celebrating place, culture, community, history and the natural world
Latrobe Regional Gallery spring program features five exhibitions exploring Gippsland places, community, culture, history and nature, alongside Japanese traditions and contemporary artistic responses. - Latrobe Regional Gallery launches spring season with five exhibitions and live mural creation on 19 September 2026 In Morwell
Latrobe Regional Gallery will launch its Spring Season on Saturday, September 19, featuring five exhibitions and a live monumental mural by Japanese-Australian artist Twoone/Hiroyasu Tsuri during the Morwell event. - Latrobe City completes major lighting upgrade across all 10 courts at Agnes Brereton Reserve, boosting netball opportunities
Latrobe City Council has upgraded all 10 courts at Agnes Brereton Reserve with 200-lux lighting, enabling extended evening use, expanded competitions and training for Traralgon Netball Association 1,400 annual participants. - Five additional VLocity train sets to boost Gippsland Line capacity and ease crowding as the Nationals commitment
The Nationals will add five VLocity train sets to Gippsland services, providing 1,110 extra seats and enabling longer trains during peak periods to ease overcrowding on Traralgon and Bairnsdale services. - Latrobe Council urges Premier Carroll to fast-track investment, industry growth and secure future jobs in Valley
Latrobe City Council has urged newly appointed Premier Ben Carroll to meet urgently on economic diversification, investment and job creation as the region faces energy transition, manufacturing job losses and Yallourn 2028 closure. - Traralgon Netball Association scores $220,000 boost for new court lighting, creating more opportunities for players and night games
Traralgon’s Agnes Brereton Reserve has received $220,000 for new LED lighting across 10 netball courts, helping more than 60 teams train, compete at night, expand development programs and create greater opportunities for players of all ages. - Gippsland Water upgrades Buckley's Hill basin to boost industrial reliability and strengthen emergency water supply resilience
Gippsland Water has upgraded Morwell Buckley's Hill raw water basin, improving water reliability for industry, supporting the energy sector, and providing an emergency backup water source for residential customers during supply disruptions. - Latrobe City Council invites community feedback on Moe Town Centre future through draft plan exhibition and consultation sessions
Latrobe City Council is seeking community feedback on Moe’s draft town centre plan, guiding future development, transport, public spaces and economic growth. Submissions close 24 November 2026, with community information sessions scheduled. - Latrobe City Council pushes for jobs, investment, housing and community safety during Victorian Parliament delegation
Latrobe City Council has urged Victorian leaders to back jobs, housing, investment, community safety, energy transition projects and infrastructure to strengthen long-term regional economic growth. - Latrobe City Council urges Premier Ben Carroll to include the region among Victoria's three free dental clinic locations
Latrobe City Council urges Premier Ben Carroll to select Latrobe City for a free regional dental clinic, improving affordable healthcare access and reducing cost-of-living pressures. - Latrobe City ratepayers to receive 2026/27 notices as council outlines $90.4M works program
Latrobe City ratepayers will receive 2026/27 rates notices from late August, helping fund $90.4 million in capital works, essential services and community assets across the municipality. - Latrobe City Council will push six reforms addressing regional investment, housing, infrastructure, funding fairness and sustainability at MAV State Council
Latrobe City Council will take six reform proposals to the MAV State Council, targeting fairer funding, housing, planning, investment, infrastructure and support for regional communities. - Latrobe City Council welcomes enforcement action targeting illegal tobacco and vape trading to improve community safety and support local businesses
Latrobe City Council has welcomed enforcement action by Tobacco Licensing Victoria and Victoria Police’s Viper Taskforce against illegal tobacco and vape trading, supporting community safety, lawful businesses and safer town centres. - Latrobe Mayor slams government's community safety funding decision, demands urgent support despite region's higher crime and social harm rates
Latrobe Mayor Sharon Gibson has criticised the Victorian government for again excluding Latrobe from Community Connectors funding, despite higher crime, family violence and drug-related harm rates than funded metropolitan municipalities. - Latrobe City pushes for fair community benefits, transparent water pricing and long-term investment as Yallourn Mine rehabilitation progresses
Latrobe City Council has urged fair community reinvestment, transparent water pricing and long-term funding certainty as EnergyAustralia seeks water entitlement for Yallourn Mine rehabilitation. - Latrobe City Positive Ageing Festival returns with more than 100 events celebrating connection, activity and older residents this October
Latrobe City’s Positive Ageing Festival returns in October with more than 100 free and low-cost events supporting older residents through connection, activity, learning and community participation. - Latrobe City Council seeks community input on priorities and spending ahead of 2027/28 Budget Development and financial planning process
Latrobe City Council is seeking community feedback to help shape its 2027/28 Budget, with residents encouraged to share priorities, ideas and concerns through Have Your Say by November 1. - Latrobe City Business Festival returns with free October events connecting businesses, employers, job seekers and industry partners
Latrobe City’s 2026 Business Festival runs October 14–23, offering free jobs expos, workshops, networking, professional development and business events connecting employers, workers, students and industry. - Latrobe City Children’s Expo offers free family fun, activities and community services at Kernot Hall in Morwell on 27 October 2026
Latrobe City Council will host a free Children’s Expo at Kernot Hall, Morwell, on October 27, featuring entertainment, activities, food vendors and community services for families. - Latrobe City Council seeks community feedback on draft 10-year Nature Plan to protect local biodiversity until 31 August 2026
Latrobe City Council is seeking community feedback on its draft 10-year Nature Plan, outlining priorities to protect biodiversity, restore landscapes and engage residents. Public submissions close on 31 August 2026. - Latrobe City opens nominations for 2027 Australia Day Awards and Sporting Hall of Fame honours, nominate by 11 September 2026
Latrobe City Council has opened nominations for the 2027 Australia Day Awards and Sporting Hall of Fame, recognising outstanding community contributors and sporting achievers. Entries close September 11, 2026. - Latrobe City Council seeks experienced artists to create vibrant community-inspired mural at Churchill Monash way underpass
Latrobe City Council invites experienced mural artists to transform Churchill’s Monash Way underpass with community-inspired artwork. Expressions of Interest close 6 November 2026, with completion planned for early 2027. - Latrobe City recognised among Australia's most affordable regional centres for businesses, investors and skilled workers
Latrobe City welcomes research ranking Traralgon-Morwell third nationally for affordability, highlighting lower costs, skilled workers, infrastructure and investment opportunities across emerging industries. - Latrobe Leisure Morwell earns Gold Safety Accreditation for highest aquatic safety standards recognition achieved
Latrobe Leisure Morwell earned Life Saving Victoria’s Gold Safety Accreditation after achieving 100 percent compliance and a safety score above 95 percent, recognising exceptional aquatic safety, operations and risk management standards. - Latrobe City Libraries offer free live music celebrating local Gippsland talent from October to December 2026
Latrobe City Libraries will host free, family-friendly live music from local Gippsland musicians across Morwell, Traralgon and Moe from October to December 2026. No bookings are required; everyone is welcome to attend. - Latrobe City Council records strongest planning performance, leads Victoria in statutory decision timeframes
Latrobe City Council has achieved its strongest planning performance, with 95.44 percent of applications decided within statutory timeframes following streamlined delegation reforms introduced in May 2025. - Latrobe City Council ranks among Victoria's Top Five for Community Satisfaction in 2026 Snap Send Solve index
Latrobe City Council has ranked fifth in Victoria for community satisfaction, scoring 64.6 in the 2026 Snap Send Solve Index, exceeding both national and Victorian averages. - Latrobe City Council endorses updated community amenity local law following extensive community consultation
Latrobe City Council has endorsed an updated Community Amenity Local Law, strengthening rules around property upkeep, waste, animals, burning, vehicles, public spaces and permits. - Latrobe City endorses draft Moe Activity Centre Plan to guide future town centre growth and development
Latrobe City Council endorsed the draft Moe Activity Centre Plan for public exhibition, outlining long-term CBD growth, planning reforms, improved public spaces and transport, with Planning Scheme Amendment C155 exhibition proposed for late 2026. - Latrobe City launches Forestree platform showcasing 63,000 public trees across urban and rural townships
Latrobe City Council has launched Forestree, an interactive platform showcasing more than 63,000 public trees, 600 species and ongoing tree planting, watering and maintenance efforts. - Latrobe City encourages community conversations and support during Gambling Harm Awareness Week 2026
Latrobe City Council will host free events from 24 to 31 October for Gambling Harm Awareness Week 2026, helping residents recognise gambling harm, explore support services and start conversations with family, friends and neighbours. - Latrobe City Council schedules 40 kilometres of road upgrades across municipality
Latrobe City Council will resurface 40 kilometres of local roads during 2026/27, including resealing and asphalt works across six communities to improve safety, extend road life and prevent potholes. - Moe Inline Hockey Championships secure five-year council funding, expected to boost $15M into local economy through visitor spending
Latrobe City Council will provide $100,000 over five years to support Moe’s Australian Inline Hockey Club Championships, expected to generate $15 million locally through visitor spending and accommodation. - Paynesville Maritime Precinct officially opens following $13M investment to boost boating, tourism, jobs and local business growth
Paynesville’s $13 million Slip Road Maritime Precinct officially opened, delivering improved waterfront access, jetties and boating facilities to boost tourism, local businesses, jobs and Gippsland Lakes recreation. - Open House Latrobe Festival offers behind-the-scenes access to region's unique buildings, stories, communities and cultural heritage from 9 - 11 October
Open House Latrobe will run from 9-11 October, offering behind-the-scenes access to more than 30 sites while celebrating the region's history, culture, industries, environment and future. - Latrobe Valley commuters will receive longer trains and more seats under a Nationals-Liberals plan to increase regional rail capacity and reduce crowding
The Nationals and Liberals plan to allocate five additional V’Locity sets to Traralgon and Bairnsdale, delivering 1,100 extra seats and reducing regional rail crowding. - Open house Latrobe opens doors to historic, cultural and industrial sites across the region for visitors to explore and discover from 9 - 11 October 2026
A chance to visit the most intriguing buildings and places in Latrobe City, normally behind closed doors. The festival will open up significant buildings, infrastructure and landscapes. - Darren Chester met Latrobe Health Assembly representatives to discuss tackling youth food insecurity, poor nutrition and regional health priorities
Gippsland MP Darren Chester is exploring funding for a Latrobe Valley initiative involving local health and education organisations to provide free healthy meals twice weekly, addressing student hunger, poor nutrition and wellbeing. - Rob Moffatt officially joins Latrobe City Council as Morwell River Ward's newly elected councillor after by-election and oath of office
Latrobe City Council has welcomed Rob Moffatt as Morwell River Ward's newly elected councillor. He formally commenced after taking his oath, joining the nine-member council for the remainder of its current term. - Danny O'Brien calls for urgent action on ongoing Gippsland power outages impacting residents, businesses and critical services
The Nationals' Danny O'Brien is calling on the Victorian government to demand answers from electricity providers over repeated Gippsland outages disrupting residents, businesses and critical medical equipment. - Swooping season returns across Latrobe, with council urging residents to take precautions around nesting birds
Latrobe City Council is urging residents to stay alert during swooping season, avoid nesting areas where possible, check Victoria’s Swooping Bird Map and take precautions when walking outdoors. - Baw Baw Shire Council urges Victorian election candidates to cut red tape and boost farm gate tourism opportunities
Baw Baw Shire Council is urging Victorian election candidates to reduce red tape and ease planning restrictions on farm gate businesses, reforms could boost agritourism, support local producers, create jobs and strengthen regional tourism. - Liberals and Nationals to audit Latrobe Valley coal overlays to unlock land for housing and industrial development
The Liberals and Nationals will audit Latrobe Valley coal overlays to identify outdated restrictions, potentially unlocking land for housing and industrial development while retaining protections where mine safety and ground stability remain at risk. - Flight test command centre opens, strengthening Latrobe's role in Australia's advanced aviation innovation sector and creating new opportunities
Latrobe's new Flight Test Range Command Centre has opened at Latrobe Regional Airport, supporting advanced aviation research, drone technology, investment, manufacturing growth and skilled jobs across the region. - Dark fairytales spring to life as acclaimed Shake & Stir Theatre Co returns to Berninneit with GRIMM on 18 August 2026
Shake & Stir Theatre Co returns to Berninneit on August 18 with GRIMM, a visually spectacular reimagining of the Brothers Grimm fairy tales for audiences aged 14 and over. - Moe’s first women’s cricket team makes history as $11M Ted Summerton Reserve upgrade boosts regional sport and accessibility
Moe’s Ted Summerton Reserve has received an $11 million upgrade, delivering improved sporting facilities, accessibility and female-friendly change rooms ahead of the town’s first women’s cricket match. The project supported 370 jobs. - Stallholder applications open for 2026 Latrobe City Children's Expo connecting families and community services
Stallholder applications have opened for the 2026 Latrobe City Children's Expo, offering organisations and entertainers the chance to connect with thousands of local families during National Children's Week celebrations. - Nationals demand stronger policing as rising Latrobe Valley crime fuels growing community safety concerns and frustration
The Nationals say rising Latrobe Valley crime and fewer police officers demand urgent Labor government action, calling for stronger policing, tougher laws and better resources to restore community safety. - Nationals target Premier Ben Carroll over undelivered Latrobe Valley manufacturing jobs and broken election promises
The Nationals accused Premier Ben Carroll of failing to deliver 500 promised SEA Electric manufacturing jobs in Morwell, criticising Labor’s Latrobe Valley transition and economic record. - East Gippsland targets Canberra visitors in new Spring Tourism Campaign, destination marketing and supporting local businesses
East Gippsland Shire Council has launched a Canberra-focused spring tourism campaign, testing evidence-led marketing strategies while attracting shoulder-season visitors and supporting local businesses through targeted promotion. - Baw Baw Shire expands environmental rebate to encourage reusable products, cut waste and boost community sustainability
Baw Baw Shire Council has expanded its environmental rebate into three categories, helping residents buy reusable products, reduce landfill waste, improve recycling, and support more sustainable households through partial purchase rebates. - Wellington Shire Council backs campaign seeking greater rural investment, improved roads, infrastructure funding and regional economic growth
Wellington Shire Council is backing Rural Councils Victoria’s campaign for greater investment in rural infrastructure, including roads, community facilities and a proposed $1 billion regional productivity and growth fund. - Martin Cameron seeks government answers over delays threatening Latrobe Magnesium's commercial project and regional investment
Martin Cameron is pressing the Victorian government over delays affecting Latrobe Magnesium’s commercial project, warning investment and hundreds of Latrobe Valley jobs could be lost. - Gippsland Water storage levels remain strong despite below-average spring rainfall forecast, with no supply shortages expected across the region
Gippsland Water says strong storage levels will support customer demand through spring despite below-average rainfall forecasts, with no shortages expected. Customers are reminded to follow Victoria’s permanent water-saving rules.
|
|
