Racing Queensland Limited: Audit by arrangement (Report 1: 2012-13)

Racing Queensland Limited (RQL) principal activities are to encourage, control, supervise and regulate the administration of thoroughbred, harness and greyhound racing in Queensland.

On 26 March 2012, four key staff resigned as employees of RQL and were paid separation payments. These ‘redundancy’ payments were based on their length of service and statutory leave entitlements. The total cost to RQL of these separation payments was $1.858 million.

After considering the public interest in this matter, it was confirmed that an audit of RQL, under the provisions of section 60 of the Racing Act 2002, be undertaken in accordance with section 36(1) of the Auditor-General Act 2009.