Guy Lowry believes the New Zealand thoroughbred industry is going through a cycle and will correct itself at the axis in its own time although it's imperative the Government offers a fiscal fillip as a catalyst.
"It's always been tough training ever since I started 20 years ago," says Lowry, who co-trains with fellow Hastings trainer Grant Cullen.
However, he feels prizemoney has not been kept in step with expenses and the trainer exodus will continue to happen, exacerbating the brain drain, but he didn't think it will overtly affect the industry in New Zealand.
"It's very hard to survive as a trainer," he says, adding that a lot of main tracks also need to have investment to "keep a safe and fair surface".
But he accepts the clubs aren't making enough money to maintain infrastructure as the cost of running races has accelerated in the past decade.