insuropedia

Australian Equine Flu Ongoing Updates

This article follows from the previous updates:

Australian Equine Flu - 24 August 2007 Background
Australian Equine Flu - 12 October 2007 Update

From 3 horses observed sick, and testing postive to Equine Influenza, on 24 August, the outbreak that eventuated was the most serious emergency animal disease Australia has experienced in recent history. At its peak, 47,000 horses were infected in NSW on 5943 properties.  Horse racing resumed in NSW on 1 December 2007.  The disease was eradicated within six months well ahead of predictions and by July 2008 horse industry operations had returned to normal.  To satisfy World Animal Health Organisation (OIE) requirements, Australia will have to maintain increased surveillance for equine influenza until the end of 2008, after which normal surveillance will apply.

A national summit was conducted in Sydney on 25 September 2008 to consider options on the management of a potential future incursion of Equine Influenza (EI).

FINANCIAL LOSSES

Tabcorb reported on 29 October 2007 that it has sustained reduced wagering of AUD$251 million since the outbreak on 24 August 2007.  This is represented by a decline in NSW of AUD$184 million or 21% and in Victoria of AUD$67million or 9%.  During the outbreak and until 1 December 2007, Tabcorp disclosed the weekly wagering turnover impact of Equine Influenza on its website www.tabcorp.com.au.

In its full year results to 30 June 2008, Tabcorp reported a reduction in Wagering turnover of AUD$327 million and EBIT of AUD$16 million.  Tabcorp Group advised the full year impact on EBIT was approximately AUD$17 million. 

At 25 November 2008 Racing Victoria Limited (RVL) had not reported their Annual Report for 30 June 2008.

ei-advance-and-retreat-A3-lowres-250px.jpg

NSW Department of Primary Industries
'Equine influenza - the story of a disease
response' Poster

 

 

 

The NSW Department of Primary Industries website provides a very good summary of the Equine Influenza outbreak and its control.

 

 


 

Author

Claim Solutions Pty Ltd


Insurance Policy

Country: - Australia


External Links

 NSW Department of Primary Industries



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Last Modified 2008-11-25