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home > Latest News Items > July 2003, Item 29. |
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Auction company William Inglis is dispensing with pre-sale entry fees for its yearling sales. Instead the company has introduced a policy of deducting entry fees from yearling sale proceeds next year.
Inglis NZ representative Michael Otto told thoroughbrednews.co.nz the move will be “a major benefit to vendors & an added enticement for Kiwi breeders to sell yearlings at the Australian Easter Yearling Sales in Sydney next year. William Inglis has recognised that breeders in Australia & NZ are currently under pressure from rising costs.
A number of studs now have schemes which allow breeders to make their payment for service fees at a later date & we are introducing something along the same lines for sale entry fees. From now on, 1 all-inclusive entry fee will cover the cost of cataloguing, all stabling charges & any stud book inspection fees.” |
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