The renewal fees for all trainers under the age of 30 were refunded into their accounts. There were 40 trainers who had their renewal fees refunded of which 14 were Class A trainers, 14 were Class B and 12 were Class C. The total amount was funded by the NZRB Youth Enhancement Fund was $14,480.
Over fifty percent of thoroughbred racehorse trainers in New Zealand are over sixty years of age. The industry must attract and retain young people as trainers to ensure the future viability of racing. To provide an incentive to young people to become or remain trainers, NZTR undertook to offer free licence renewals for trainers under the age of 30 years.