Minister of Racing David Bennett says the thoroughbred racing industry is a mainstay and has a strong future.
"It's got a very big unity focus in the sense that people come together in our country to enjoy race track meetings," said Bennett who was at the meeting in Hastings yesterday.
He also saw a potent business aspect to the industry pertaining to breeding and exports through race days.
The Government is playing a pivotal hand in formulating race field legislation with the first readings intended before Parliament goes into recess midway through next month.
"That will be the first important stepping stone for the industry."