New rate for Karaka sales

In a major move to support breeders looking to trade their high value stock, New Zealand Bloodstock is introducing a new commission structure for its two mid-year Sale events held at Karaka. The new commission rate on each horse sold shall be 10% plus GST on the first $100,000, with a reduction to 5% plus GST thereafter. The new structure comes into effect at this year’s Winter Mixed Bloodstock Sale to be held at Karaka on 31 July.

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