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WAGRA Annual Report 2008-2009 - Greyhounds WA

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WESTERN AUSTRALIAN GREYHOUND RACING ASSOCIATION<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2008</strong>/<strong>2009</strong><br />

Charter<br />

• In consultation with RW<strong>WA</strong>, develop and implement<br />

strategies to ensure the long-term growth<br />

and continued success of greyhound racing in<br />

Western Australia.<br />

• Provide and maintain an effi cient administration<br />

to service and support the needs of participants<br />

within greyhound racing and the general public.<br />

• Ensure appropriate mechanisms are in place and<br />

forums established to allow input into the club’s<br />

conduct of greyhound racing.<br />

• Provide a range of services and facilities for the<br />

benefi t of industry participants and the general<br />

public.<br />

• Provide training for all <strong><strong>WA</strong>GRA</strong> personnel to ensure<br />

continuously improving delivery of customer<br />

service.<br />

Aims & Objectives<br />

The Western Australian Greyhound Racing Association<br />

(<strong><strong>WA</strong>GRA</strong>) is established under the provisions of<br />

the Western Australian Greyhound Racing Association<br />

Act 1981 and is a body corporate.<br />

With the inception of controlling authority Racing &<br />

Wagering Western Australia (RW<strong>WA</strong>) and for the<br />

purpose of its role in the state’s racing industry,<br />

<strong><strong>WA</strong>GRA</strong> assumes the status as “designated greyhound<br />

racing club”.<br />

The functions of <strong><strong>WA</strong>GRA</strong> are to:<br />

• Provide for the optimum level of facilities as well<br />

as racing and trialling opportunities for the Association's<br />

industry participants.<br />

• Consult with the controlling authority on all issues<br />

relative to greyhound racing inclusive of the racing<br />

programme and the review of stakemoney levels.<br />

• Provide an optimum level of facilities for the Association's<br />

oncourse patrons.<br />

• Exercise and discharge such powers, functions<br />

and duties as are conferred on the <strong><strong>WA</strong>GRA</strong> by<br />

this Act or any other Act.<br />

Mission Statement<br />

<strong><strong>WA</strong>GRA</strong>’s stated mission is to:<br />

• Achieve sustainable profi t to invest in the development<br />

of greyhound racing facilities in Western<br />

Australia.<br />

• Be affordable and accessible for industry participants,<br />

patrons and members.<br />

• Provide an exciting entertainment product.<br />

<strong><strong>WA</strong>GRA</strong>’s present tasks are to:<br />

• Ensure the operation and development of <strong>Greyhounds</strong><br />

<strong>WA</strong> venues are recognised as premier<br />

racing facilities within Australia.<br />

• Raise the profi le of the sport and the industry.<br />

• Provide convenience and comfort to patrons.<br />

• Focus on the delivery of quality service and standards<br />

to both internal and external customers.<br />

• Maximise sustainable growth in returns from the<br />

RW<strong>WA</strong> Distribution, food & beverage sales and<br />

oncourse wagering and gaming operations.<br />

• Explore and develop additional revenue streams.<br />

Internal Audit Charter<br />

<strong><strong>WA</strong>GRA</strong>’s Internal Audit Committee meets on a regular<br />

basis to provide independent, objective assurance<br />

and consulting activities that add value and improve<br />

<strong><strong>WA</strong>GRA</strong> operations.<br />

The primary objective is to assist the <strong><strong>WA</strong>GRA</strong> Committee<br />

and CEO in corporate governance and the effective<br />

discharge of their responsibilities.<br />

Corporate Governance Principles<br />

• Lay solid foundations for management and<br />

responsibility.<br />

• Structure the Committee to add value.<br />

• Promote ethical and responsible decision-making.<br />

• Safeguard integrity in fi nancial reporting.<br />

• Recognise and manage risk.<br />

• Encourage enhanced and sustainable performance.<br />

• Remunerate fairly and responsibly.<br />

• Recognise the legitimate interest of stakeholders.<br />

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