Saranne Cooke

The Australian Turf Club has secured a temporary injunction from the Supreme Court of New South Wales halting Racing NSW's move to place the club under administration, with the matter set to be heard on Thursday, December 18. Racing NSW announced on Monday it intended to appoint an administrator, citing concerns over the ATC's financial position and corporate governance, claiming the club failed to present a credible remediation plan during a protracted show-cause process. ATC chairman Tim Hale rejected those claims, saying the club is "financially strong and operationally stable"....