The NSW government is putting the ClubGRANTS scheme under the microscope to ensure the grants program is providing a social benefit to the people of NSW.
ClubGRANTS was established to enable eligible registered clubs to contribute a portion of gaming machine profits to local community services, projects and infrastructure through grants, and receive a tax concession in return.
A discussion paper has been released detailing how the review will examine the costs and benefits of arranging the scheme as a tax concession and whether that would provide value for money for clubs; whether existing regulatory frameworks that guide the scheme remain relevant; and the effectiveness of the administration of the scheme.
“The NSW government is committed to ensuring integrity and public trust in government grants,” Minister for Gaming and Racing David Harris stated.
“The ClubGRANTS scheme has not been formally reviewed by government since 2013, so this review will give the community and key stakeholders a chance to have their say on its effectiveness.
“Registered clubs are part of the social fabric in local communities across NSW, and the ClubGRANTS scheme helps to provide vital local services, projects and infrastructure.”
In November, it was revealed that a record $121 million in financial support was delivered through the ClubGRANTS program in the year to 31 August 2023 — exceeding the mandatory contribution required under the ClubGRANTS Guidelines by over $50 million.
“ClubsNSW welcomes the review of the ClubGRANTS scheme that has been announced by the NSW government, and we look forward to continued engagement with stakeholders to make a good scheme even better,” a ClubsNSW spokesperson told Club Management.
“We are grateful for the opportunity for clubs, ClubGRANTS recipients and those that benefit from the organisations that the scheme supports to provide a submission to the NSW Government to assist in the review process, and we encourage them to do so.”
The consultation period is open until March 18. Feedback can be provided to Liquor & Gaming NSW.