Economic analysis reveals significant financial impact
PERTH — Western Australia’s greyhound racing industry is projected to incur a net loss of $36.4 million in 2026, according to a recent independent analysis. The report, commissioned by Animals Australia and conducted by economist Stephen Walters, highlights an overall negative economic impact on the state.
The analysis reveals that the greyhound racing industry will cost WA $498.1 million while generating only $380.7 million over the next three years. Walters, who has a history with WA Treasury, noted that for every dollar spent, 21 cents of economic value is lost. government funding to support the industry is expected to rise significantly, with $39.3 million allocated this year alone.
Impact and Reactions
Greyhound racing’s inefficiencies extend beyond financial losses. Inefficient land use and gambling-related harm are among the key issues identified. Walters criticised previous reports sponsored by the racing sector for overstating benefits and ignoring costs. Melissa Harrison, President of Free the Hounds, argued that taxpayer funds should be redirected to essential services instead of supporting a declining industry.
The analysis comes at a time of growing scrutiny of greyhound racing globally. With jurisdictions like New Zealand and parts of the UK moving to prohibit the sport, the WA Parliamentary Inquiry could influence future legislative actions. Animals Australia CEO Glenys Oogjes emphasised the need to address the welfare concerns and economic inefficiencies associated with greyhound racing.
Public opinion in WA is shifting as more people become aware of the ethical and financial issues at play. Activists and community groups are increasingly vocal in their opposition to continued government support for greyhound racing. The state government is being urged to consider alternative industries that could provide better economic returns without the associated ethical dilemmas. As the debate intensifies, the future of greyhound racing in WA appears increasingly uncertain, with potential legislative changes on the horizon aimed at phasing out the industry altogether.
Last updated: 1 April 2026, 10:24 am
